Apollo Global closes OM Group buy
Apollo Global Management LLC has completed its buy of OM Group Inc. for $34 a share. The deal was announced on June 1. Platform Specialty Products Corp is buying OM Group's Electronic Chemicals and Photomasks businesses, excluding certain assets in Malaysia. Apollo is also acquiring the remaining three OM Group businesses, which include the Magnetic Technologies, Battery Technologies and Advanced Organics. Credit Suisse and Sumitomo Mitsui Banking Corp. provided debt financing.
28 October 2015•4 mins read
