Synthomer to acquire OMNOVA Solutions for $824 million

Synthomer plc announced a definitive agreement to acquire OMNOVA Solutions Inc., a global manufacturer of emulsion polymers, specialty chemicals and surfaces, for $10.15 per share in cash, implying an enterprise value of $824 million.

“Synthomer plc announced that it has entered into a definitive agreement to acquire OMNOVA Solutions Inc.”cravath.com

• 6 sources
• cravath.comSynthomer's Acquisition of OMNOVA | Cravath, Swaine & Moore LLPJul 3, 2019
• investegate.co.ukInvestegate | Company AnnouncementInvestegateJul 3, 2019
• prnewswire.comOMNOVA to be acquired by Synthomer plc, London for $10.15 per share; reports fiscal 2019 second quarter earningsOMNOVA Solutions Inc.Jul 3, 2019
• cen.acs.orgSynthomer to buy OmnovaMichael McCoyJul 5, 2019
• tyrepress.comSynthomer acquisition values Omnova at £654 million - TyrepressChris AnthonyJul 8, 2019

Summarized from public sources; check the original articles before acting on it.