Johnson Matthey (LSE:JMAT)
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5 Years : From Mar 2012 to Mar 2017
The Competition Commission, or CC, said Friday it has formally cancelled its inquiry concerning the anticipated acquisition by Dorf Ketal Chemicals AG of the titanate and zirconate business of Johnson Matthey PLC (JMAT.LN).
-CC has received assurances from the parties that the proposed acquisition has been abandoned.
-Johnson Matthey shares closed Thursday at 1916 pence valuing the company at GBP4.11 billion.
-By Jana Weigand, Dow Jones Newswires; 44-20-7842-9314; [email protected]