Canada markets open in 3 hours 19 minutes
  • S&P/TSX

    19,258.32
    +195.41 (+1.03%)
     
  • S&P 500

    3,900.11
    -11.63 (-0.30%)
     
  • DOW

    31,438.26
    -62.42 (-0.20%)
     
  • CAD/USD

    0.7791
    +0.0022 (+0.29%)
     
  • CRUDE OIL

    111.28
    +1.71 (+1.56%)
     
  • BTC-CAD

    27,023.81
    -643.41 (-2.33%)
     
  • CMC Crypto 200

    459.67
    -2.12 (-0.46%)
     
  • GOLD FUTURES

    1,826.50
    +1.70 (+0.09%)
     
  • RUSSELL 2000

    1,771.74
    +6.01 (+0.34%)
     
  • 10-Yr Bond

    3.1940
    0.0000 (0.00%)
     
  • NASDAQ futures

    12,085.00
    +44.50 (+0.37%)
     
  • VOLATILITY

    27.00
    -0.23 (-0.84%)
     
  • FTSE

    7,340.87
    +82.55 (+1.14%)
     
  • NIKKEI 225

    27,049.47
    +178.20 (+0.66%)
     
  • CAD/EUR

    0.7357
    +0.0021 (+0.29%)
     

UK's Elementis explores sale of chromium unit - Bloomberg News

  • Oops!
    Something went wrong.
    Please try again later.
·1 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

(Reuters) - British chemicals group Elementis is considering options for its chromium unit, including a potential sale, Bloomberg News reported on Friday, citing people familiar with the matter.

Proceeds from the potential sale could help the London-listed company invest in its coatings and personal care businesses, the report UK's Elementis mulls sale of Chromium Unit - Bloomberg News said.

No final decision has been made and Elementis could also opt to keep the business, according to the report.

Elementis declined to comment on the report.

Last year, U.S.-based chemicals firm Innospec Inc called off a possible offer for Elementis after its 160 pence-per-share bid was rejected.

(Reporting by Amna Karimi in Bengaluru; Editing by Devika Syamnath)

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting