Elementis shares rise following reported takeover interest from Innospec

Elementis shares rise following reported takeover interest from Innospec By Investing.com

Elementis shares rise following reported takeover interest from Innospec

By Samuel Indyk Investing.com – Shares in UK chemicals company Elementis surged as much as 15% on Tuesday after reports that the company is subject to a takeover approach from US peer Innospec. Sky News first reported that the FTSE 250 company has received a bid from Innospec that values it at more than £1bln.

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