Deals
Platform to Buy Chemical Maker MacDermid for $1.8 Billion
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Platform Acquisition Holdings Ltd., the investment company founded by Martin E. Franklin, agreed to buy closely held MacDermid Group Inc. for $1.8 billion and said it plans to acquire more specialty-chemical makers.
The purchase of Denver-based MacDermid should close this month and Platform plans to move its share listing from the London Stock Exchange to the New York Stock Exchange by year-end, the Tortola, British Virgin Islands-based company said yesterday in a statement. It also plans to rename itself Platform Specialty Products Corp., or PSP.