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Stock impact report

NewMarket Corporation (NEU) to Acquire Mars TopCo, Boosting Aerospace and Defense Presence [Yahoo! Finance]

NewMarket Corp (NEU) 
Company Research Source: Yahoo! Finance
Corporation (NYSE:NEU) declared that it had finalized a deal to acquire Mars TopCo, LLC from AE Industrial Partners. Based in Lake Charles, Louisiana, Calca produces high purity hydrazine and UltraPure, which are chemicals used in satellite and other space craft propulsion systems. Through the acquisition, NewMarket Corporation (NYSE:NEU) will increase its footprint in the aerospace and defense industries and solidify its position in mission-critical chemicals. This agreement, which is expected to finalize in 2025, would be NewMarket's second recent acquisition in these sectors. NewMarket Corporation (NYSE:NEU) is a major player in the petroleum additives market. The company supplies essential components for hydraulic fluids, engine oils, and biofuels to the automotive, industrial, and commercial sectors worldwide. While we acknowledge the potential of NEU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're look Show less Read more
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