Skadden Reps Imerys In $1.6B Deal For Amcol Int'l

Law360, New York (February 12, 2014, 5:46 PM EST) -- French mineral company Imerys SA has agreed to buy Illinois-based specialty minerals and industrial materials company Amcol International Corp. in a deal valued at $1.6 billion, the companies said Wednesday.

Amcol shareholders will receive $41 for each Amcol share, a price the companies say is a 19 percent premium on the share price over the 30 trading days prior to Feb. 11. The merger agreement has been unanimously approved by the boards of directors of both companies.

“We are very excited with the many business and...
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