IFLR1000

Platform Specialty Products £1.35 billion acquisition of Alent

13/7/2015
Public acquisition
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£ 1.3 billion

$ 1.673 billion

Completed

13/7/2015

Overview:

  • Platform Specialty Products has acquired UK chemicals company Alent for £1.35 billion.
  • Alent shareholders will receive 503p per share.
  • Alent was formed in 2012 after spinning out of Cookson.
  • Platform Specialty was advised by Credit Suisse. Alent was advised by Rothschild and UBS.

Sam Duke - Editor

Jurisdictions:

United States
United Kingdom

Deal type:

Public acquisition

Practice area:

M&A

Industry sector:

Industrials and manufacturing

Firms:
Herbert Smith Freehills

Party: Credit Suisse (Financial adviser)

Lawyer: Kristen Roberts

Linklaters

Party: Alent (Target)

Lawyer: Aedamar Comiskey

Paul Weiss Rifkind Wharton & Garrison

Party: Platform Specialty Products Corporation (Acquirer)

Slaughter and May

Party: Platform Specialty Products Corporation (Acquirer)

Lawyers: Matthew Tobin, Stephen Cooke

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