Synthomer $824 million acquisition of OMNOVA Solutions

3/7/2019
Public acquisition

$ 824 million

Announced

3/7/2019


Overview:

  • British chemical manufacturer Synthomer has acquired US chemical company OMNOVA Solutions in an $824 million deal. 
  • Synthomer paid $10.15 per OMNOVA share. 
  • Morgan Stanley acted as financial adviser for Synthomer. 
  • The transaction is expected to close in either late 2019 or early 2020. 

Kurt Stumpo - US Editor

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