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Strategies & Market Trends : Speculating in Takeover Targets -- Ignore unavailable to you. Want to Upgrade?


To: richardred who wrote (3365)4/27/2013 10:15:09 AM
From: Sergio H  Read Replies (1) | Respond to of 7242
 
Hi Ric. ROC is made up of five divisions. Besides the ceramics division, it may sell two others. They paid
off the debt on their Titanium Oxide division to make it more attractive and may sell off another division to concentrate on lithium and surface treatments.

Jana took a large position in ROC and believe that ROC itself is an acquisition target after their least profitable division, Titanium Oxide, is divested. Not too long ago, Altana was interested in acquiring ROC and have expressed a renewed interest.

I own shares and would add more on any pullback. Earnings are due next week.



To: richardred who wrote (3365)11/13/2013 10:31:40 AM
From: richardred  Respond to of 7242
 
ROC- Rockwood Holdings Inc has cash and should be looking for acquisitions.

>Mr. Ghasemi added, “As a result of the successful execution of our strategy, Rockwood now has a very solid balance sheet with expected cash on hand of approximately $2.5 billion. We are committed to deploy our cash to expand and strengthen our core businesses, maintain our dividend and buy back shares as and when appropriate.”

finance.yahoo.com