BR100 Increased By (0.84%)
BR30 Increased By (0.61%)
KSE100 Increased By (0.67%)
KSE30 Increased By (0.69%)
AGHA 7.77 Increased By ▲ 0.02 (0.26%)
BECO 5.22 Increased By ▲ 0.03 (0.58%)
BML 57.25 Decreased By ▼ -1.41 (-2.4%)
BOP 34.23 Increased By ▲ 0.54 (1.6%)
CNERGY 10.80 Increased By ▲ 0.19 (1.79%)
CSIL 5.43 Increased By ▲ 0.13 (2.45%)
FCCL 54.62 Increased By ▲ 0.88 (1.64%)
FFL 16.70 Increased By ▲ 0.24 (1.46%)
FNEL 1.25 Increased By ▲ 0.03 (2.46%)
KEL 7.45 Increased By ▲ 0.17 (2.34%)
KOSM 5.80 Increased By ▲ 0.16 (2.84%)
LOTCHEM 29.70 Increased By ▲ 0.05 (0.17%)
MLCF 95.97 Decreased By ▼ -0.39 (-0.4%)
NBP 204.00 Increased By ▲ 0.47 (0.23%)
NCPL 58.00 Increased By ▲ 1.15 (2.02%)
NPL 69.12 Increased By ▲ 1.81 (2.69%)
OGDC 318.20 Decreased By ▼ -0.02 (-0.01%)
PACE 10.73 Increased By ▲ 0.10 (0.94%)
PAEL 42.90 Increased By ▲ 1.13 (2.71%)
PIBTL 16.90 Increased By ▲ 0.09 (0.54%)
PPL 221.50 Increased By ▲ 1.33 (0.6%)
PRL 51.65 Increased By ▲ 2.60 (5.3%)
PTC 70.82 Increased By ▲ 0.81 (1.16%)
SSGC 28.55 Decreased By ▼ -0.59 (-2.02%)
TBL 9.94 Increased By ▲ 0.17 (1.74%)
TELE 8.87 Increased By ▲ 0.05 (0.57%)
TPL 18.34 Increased By ▲ 1.17 (6.81%)
TPLP 12.95 Increased By ▲ 0.44 (3.52%)
TREET 22.75 Increased By ▲ 0.16 (0.71%)
TRG 60.00 Decreased By ▼ -0.22 (-0.37%)
By

LONDON: KPS Capital Partners recently explored a bid for UK specialty chemicals maker Elementis but has since paused its work, two people familiar with the matter told Reuters.

The New York-based private equity firm in December submitted an offer valuing the FTSE 250 company at about 160p per share, but the Elementis board wanted around 180p, one of the people said. Spokespeople for Elementis and KPS declined to comment.

Comments

Comments are closed for this article.