Brief: Elementis Rejects Innospec's Conditional Proposal As It Undervalues Co

Innospec

20/04/2021 16:25

April 20 (Reuters) - Elementis PLC  ELM.L :
    * ELEMENTIS PLC  - RESPONSE TO INNOSPEC INC. ANNOUNCEMENT
    * ELEMENTIS PLC - BOARD CONFIRMS THAT ON 31 MARCH 2021 IT
RECEIVED
A CONDITIONAL PROPOSAL FROM INNOSPEC IN RELATION TO A POTENTIAL
OFFER FOR ELEMENTIS
    * ELEMENTIS PLC - CONCLUDED THAT CONDITIONAL PROPOSAL
SIGNIFICANTLY UNDERVALUED ELEMENTIS
    * ELEMENTIS PLC - ON 9 APRIL 2021 BOARD UNANIMOUSLY REJECTED
CONDITIONAL PROPOSAL

Source text for Eikon:  ID:nRST0768Wa 
Further company coverage:  ELM.L 

 ((Reuters.Briefs@thomsonreuters.com;))