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Stock impact report

Luxfer Holdings to Acquire Neo Performance Materials

Luxfer Holdings PLC Ordinary Shares (LXFR) 
Last luxfer holdings plc ordinary shares earnings: 4/27 04:30 pm Check Earnings Report
US:NYSE Investor Relations: luxfer.com/investors
Company Research Source: Business Wire
Creates a US$947 million revenue global manufacturer of highly-engineered advanced materials. Accretive transaction extends Luxfer’s reach in higher growth end-markets and geographies. MANCHESTER, England & TORONTO--(BUSINESS WIRE)-- Luxfer Holdings PLC (NYSE: LXFR) (“Luxfer”) and Neo Performance Materials Inc. (TSX: NEO) (“Neo Performance Materials” or “Neo”) today announced the signing of a definitive agreement under which Luxfer would acquire Neo Performance Materials for US$612 million* in cash and stock. The transaction accelerates Luxfer’s strategy to become a leading global manufacturer of highly-engineered advanced materials for high end applications. Completion of the transaction, which was unanimously approved by each company’s Board of Directors, is subject to shareholder approval for each company and customary regulatory clearances and closing conditions. This press release feature Show less Read more
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