Imerys Raises Amcol Bid To $1.7B To Top Rival

Law360, New York (March 5, 2014, 2:58 PM EST) -- Imerys SA on Wednesday increased its offer for Amcol International Corp. to $1.7 billion including debt, marking the latest move in what has become an almost daily bidding war between Paris-based Imerys and New York-headquartered Minerals Technologies Inc.

The $45.25 per share offer — which is $2.50 per share more than Imerys' previous bid — comes just two days after Minerals Technologies upped the ante by offering $45 dollars per share. According to a Wednesday press release on Imerys' revised offer, the $1.7 billion proposal has...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.