Your current location:HOME >entertainment >US Silica agrees to go private in $1.85 billion acquisition by Apollo Global 正文
TIME:2024-05-08 02:46:10 Source: Internet compilationEdit:entertainment
NEW YORK (AP) — U.S. Silica has agreed to go private in an all-cash acquisition by Apollo Global Man
NEW YORK (AP) — U.S. Silica has agreed to go private in an all-cash acquisition by Apollo Global Management that values the industrial minerals company at about $1.85 billion.
In a Friday announcement, U.S. Silica said that shareholders would receive $15.50 in cash for each share owned as of the deal’s closing. Once the deal closes, U.S. Silica’s stock will no longer be listed on the New York Stock Exchange.
Founded in the late 1800s, U.S. Silica produces commercial silica used in the oil and gas industry and other industrial applications. It operates 26 mines and processing facilities and two additional exploration stage properties. The Kathy, Texas-based company is still set to operate under the U.S. Silica name and brand, and will continue to be led by its current CEO Bryan Shinn. In a prepared statement, Shinn said that partnering with Apollo will give U.S. Silica “significant resources, deep industry expertise and enhanced flexibility as a private company.”
Moyes leaving West Ham at the end of the season. Lopetegui linked as the replacement2024-05-08 02:13
Heartwarming Reunion Raises Toast to China's Medical Aid Missions Abroad2024-05-08 01:55
Rural Entrepreneurs Help Farmers Live Better Lives2024-05-08 01:52
China's UFC warriors proud as punch2024-05-08 01:42
Spain's Prado Museum confirms rediscovery of lost Caravaggio. Painting will be unveiled May 272024-05-08 01:37
Feature: Chinese Acupuncturists Earn Recognition, Respect from Algerians2024-05-08 01:30
Cultural Relic Conservators Safeguard Ancient City's Glory2024-05-08 01:10
Dying with Dignity, Living with Love2024-05-08 01:02
Man dragged by bear following fatal car crash, Massachusetts state police say2024-05-08 00:08
Caring for Cranes Meticulously2024-05-08 00:01
Giants rookie Mason Black makes MLB debut in Philadelphia against childhood favorite Phillies2024-05-08 02:34
Veterinarian Provides Quality Services to Rural Residents2024-05-08 02:01
Son's Devotion to Ailing Mom in Shaanxi Inspires Others2024-05-08 01:45
Rural Veterinarian Maintains Dual Role as Vet and Internet Celebrity in NW China's Ningxia2024-05-08 01:45
Former cruise ship worker reveals the six things she would NEVER do on board2024-05-08 01:34
Boosting Rural Revitalization in Hometown2024-05-08 01:04
Pic Story of Post2024-05-08 01:01
In Pics: Women's Basketball Club in NW China's Xinjiang2024-05-08 00:49
Tom Brady teases Bill Belichick for infamous Ring doorbell footage of former Patriots coach2024-05-08 00:41
Boosting Rural Revitalization in Hometown2024-05-08 00:07