July 13, 2015 / 6:24 AM / in 2 years

Chemicals maker Platform Specialty to buy Alent for $2.1 bln

July 13 (Reuters) - Chemicals maker Platform Specialty Products Corp said it would buy Alent Plc for about 1.35 billion pounds ($2.09 billion) in cash.

The 503-pence-per-share offer comes at a 49 percent premium to the British chemical maker’s Friday close.

$1 = 0.6446 pounds Reporting By Mamidipudi Soumithri in Bengaluru; Editing by Gopakumar Warrier

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