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Ashland's Sales Process Advances with Interest from Several Private Equity Firms
Ashland's sales process is advancing with the company having collected bids last week and several private equity firms showing interest, Dealreporter said, contacts tell The Fly.
Ashland Launches New Agricultural Dispersant Globally
Ashland announced the global launch of agrimer eco-disperse OD TVO polymeric dispersant, a patented, nature-based dispersant developed for non-aqueous crop protection formulations. The introduction represents the latest commercial "innovation" from the TVO platform.
Ashland Running Sales Process, Private Equity Firms Interested
Ashland (ASH), which is running a sales process, is collecting bids in September, Dealreporter said, according to trading sources. Apollo Global Management (APO) and Carlyle Group (CG) are among the private equity firms showing interest in Ashland, the report said. Bloomberg previously reported in early August that Ashland was exploring a potential sale after receiving takeover interest.
Ashland Explores Potential Sale, Shares Up 5%
Ashland (ASH) is exploring a potential sale after receiving takeover interest, Ryan Gould, Liana Baker, Kiel Porter and Mengqi Sun of Bloomberg report, citing people familiar with the matter. The company is working with Citi (C) and Lazard (LAZ) as it engages with both strategic and financial suitors, sources told Bloomberg. Private equity firms Advent, Apollo Global (APO) and Carlyle Group (CG) are among those that have had contact with Ashland, while Standard Industries, which is among the company's largest shareholders, is also interested, the people said. Shares of Ashland are up 5% to $76.45 following the report.
Ashland Exploring Sale After Takeover Interest, Bloomberg Reports
Ashland exploring sale after takeover interest, Bloomberg reports
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