OM Group, Inc. Agrees To Be Acquired By Apollo Affiliated Funds In Partnership With Platform Specialty Products Corporation For $34.00 Per Share In An All Cash Transaction Transaction Delivers…
6/1/2015 · CLEVELAND, NEW YORK, and WEST PALM BEACH, June 1, 2015 OM Group, Inc. (NYSE: OMG), a technology ?driven diversified industrial company, today announced that it has entered into a definitive agreement to be acquired by funds managed by affiliates of Apollo Global Management, LLC (NYSE: APO) (together with its consolidated subsidiaries, Apollo, and such funds, collectively,.
OM Group , an industrial magnet and battery maker, agreed to be sold to private equity firm Apollo Global Management for about $1.03 billion in cash. Shares surged in morning trades. OM said in a statement today that Apollo Global’s offer of $34 per share for the company represents a