Ashland Inc (NYSE:ASH)
$ 75.87 -0.41 (-0.54%) Market Cap: 3.59 Bil Enterprise Value: 4.72 Bil PE Ratio: 22.77 PB Ratio: 1.25 GF Score: 63/100

Arkema SA to Acquire Performance Adhesives Unit of Ashland Global Holdings Inc M&A Call Transcript

Aug 31, 2021 / 09:00AM GMT
Release Date Price: $91.11 (+4.41%)
Operator

Ladies and gentlemen, welcome to Arkema's conference call. I will now hand over to Thierry Le Henaff, CEO. Sir, please go ahead.

Thierry Le Henaff
Arkema S.A. - Chairman & CEO

Thank you very much. Good morning, everyone. Thank you for joining us on this call at such a short notice. I am here together with Bernard Boyer of Strategy and M&A; Marie-José Donsion, our CFO; and Vincent Legros, Head of Bostik. Also with us is the IR team.

You have seen a set of slides, which we have just sent to you, which you can use as a reference for this call. So as you know, we have organized this conference call. As we announced earlier this morning, the project to acquire Ashland's Performance Adhesive business. And as you can imagine, I'm very pleased to announce this transaction as it is a company that we have been looking at for a number of years now and following Ashland's strategic announcement in May. So we are very keen to pursue this opportunity.

As you know, the adhesive market is still fragmented globally, and there are many small targets

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot