Ashland (ASH) to Divest Nutraceuticals Business to Turnspire [Yahoo! Finance]
Ashland Inc. (ASH)
Last ashland inc. earnings: 1/27 05:00 pm
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US:NYSE Investor Relations:
investor.ashland.com/investor-relations
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Source: Yahoo! Finance
The deal is anticipated to close during the calendar third quarter of 2024, pending the fulfillment of standard closing conditions. Ashland's nutraceuticals business offers a wide range of active ingredients and formulation aids to nutrition product manufacturers. It also provides custom formulation and contract manufacturing services for the nutrition sector. The business operates from four production sites in New Jersey and Utah in the United States and Tamaulipas, Mexico. Ashland stated that its nutraceuticals business has a strong portfolio of proprietary ingredients, advanced formulation and manufacturing capabilities and a dedicated team that has worked tirelessly to drive growth. Citi is serving as Ashland's financial advisor for this transaction, with legal guidance provided by Cravath, Swaine & Moore LLP. Ashland's shares have gained 10.5% in the past year against a 10.2% decline of the industry. Image Source: Zacks Investment Research Ashland generated profits of
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ASH
Earnings
- 4/30/24 - Beat
ASH
Sec Filings
- 5/9/24 - Form 4
- 5/9/24 - Form 8-K
- 5/8/24 - Form 4
- ASH's page on the SEC website