Polypore International Inc (PPO.N)
24 Apr 2015
TOKYO - Japanese chemical manufacturer Asahi Kasei Corp has agreed to buy Polypore International Inc's energy storage business for $2.2 billion, betting on growth in demand for hybrid and electric cars.
* 3M buys Polypore's separations media operation for $1 billion
* Says not thinking about issuing new shares to fund Polypore acquisition, considering bank loans Further company coverage: (Reporting by Taiga Uranaka)
TOKYO, Feb 23 - Asahi Kasei Corp, a Japanese chemicals maker, said on Monday it would buy Polypore International Inc's Energy Storage segment for $2.2 billion, as it seeks to expand in the energy and environment business.
|SK Innovation Co Ltd (096770.KS)||₩119,500.00||-1,000.00|
|SK Innovation Co Ltd (096775.KS)||₩59,700.00||-1,500.00|
|Asahi Kasei Corp (3407.T)||¥1,154||+21.00|
|Toray Industries Inc (3402.T)||¥1,050||+16.50|
|Ube Industries, Ltd. (4208.T)||¥202||+2.00|
|Fresenius Medical Care AG & Co. KGaA (FMEG.DE)||€79.79||+1.49|
|Nippon Sheet Glass Company, Limited (5202.T)||¥127||0.00|
|Terumo Corp (4543.T)||¥3,215||-20.00|
|Toyobo Co Ltd (3101.T)||¥180||+2.00|
|Merck KGaA (MRCG.DE)||€105.15||+1.25|