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Tronox Ltd (TROX.N)

TROX.N on New York Stock Exchange

9.14USD
15 Jan 2019
Change (% chg)

$-0.02 (-0.22%)
Prev Close
$9.16
Open
$9.14
Day's High
$9.27
Day's Low
$8.93
Volume
158,194
Avg. Vol
388,465
52-wk High
$22.15
52-wk Low
$6.46

Latest Key Developments (Source: Significant Developments)

Venator To Continue Negotiations With Tronox Regarding Cristal's Ashtabula, Ohio Complex
Monday, 1 Oct 2018 

Oct 1 (Reuters) - Venator Materials PLC ::VENATOR TO CONTINUE NEGOTIATIONS WITH TRONOX REGARDING CRISTAL'S ASHTABULA, OHIO COMPLEX.VENATOR MATERIALS - INTENDS TO CONTINUE TO NEGOTIATE WITH TRONOX, ON A NONEXCLUSIVE BASIS, DEFINITIVE TERMS OF POTENTIAL DIVESTITURE TO VENATOR.VENATOR MATERIALS - TRONOX TO PAY VENATOR A "BREAK FEE" OF $75 MILLION UPON CONSUMMATION OF TRONOX/CRISTAL DEAL.  Full Article

European Commission Approves Tronox's Prosposed Cristal Acquisition
Monday, 20 Aug 2018 

Aug 20 (Reuters) - Tronox Ltd ::EUROPEAN COMMISSION ISSUES FINAL APPROVAL OF TRONOX'S PROPOSED CRISTAL ACQUISITION.TRONOX - RECEIVED EC APPROVAL TO CLOSE PROPOSED DEAL OF TITANIUM DIOXIDE BUSINESS OF THE NATIONAL TITANIUM DIOXIDE COMPANY LIMITED.  Full Article

Tronox Reports Q2 Earnings Per Share $0.29 From Continuing Operations
Thursday, 2 Aug 2018 

Aug 1 (Reuters) - Tronox Ltd ::TRONOX REPORTS SECOND QUARTER 2018 FINANCIAL RESULTS.Q2 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.31 FROM CONTINUING OPERATIONS EXCLUDING ITEMS.Q2 EARNINGS PER SHARE $0.29 FROM CONTINUING OPERATIONS.Q2 REVENUE ROSE 17 PERCENT TO $492 MILLION.  Full Article

Tronox Responds To FTC, Says Ready To Defend Merits Of Titanium Dioxide Business Acquistion
Tuesday, 10 Jul 2018 

July 10 (Reuters) - Tronox Ltd ::TRONOX RESPONDS TO COMPLAINT FROM THE U.S. FEDERAL TRADE COMMISSION.TRONOX LTD - FTC COMPLAINT ALLEGES THAT CO'S PENDING ACQUISITION OF TITANIUM DIOXIDE BUSINESS OF CRISTAL "WOULD VIOLATE ANTITRUST LAWS".TRONOX LTD - RECEIVED NOTICE THAT U.S.FTC HAS FILED A COMPLAINT AGAINST TRONOX IN COURT.TRONOX SAYS CO "STANDS READY TO DEMONSTRATE THE PRO-COMPETITIVE MERITS OF THE PROPOSED CRISTAL ACQUISITION".TRONOX LTD - FTC ALLEGES THAT ACQUISITION WOULD "SIGNIFICANTLY" REDUCE COMPETITION IN N. AMERICAN MARKET FOR CHLORIDE-PROCESS TIO(2).  Full Article

Tronox Receives European Commission Conditional Approval Of Proposed Cristal Acquisition
Wednesday, 4 Jul 2018 

July 4 (Reuters) - Tronox Ltd ::TRONOX RECEIVES EUROPEAN COMMISSION CONDITIONAL APPROVAL OF PROPOSED CRISTAL ACQUISITION.  Full Article

Tronox To Buy Majority Of Advanced Metal Industries Co Jazan Slagger Operations
Thursday, 10 May 2018 

May 9 (Reuters) - Tronox Ltd ::TRONOX ENTERS OPTION AGREEMENT TO ACQUIRE MAJORITY OF ADVANCED METAL INDUSTRIES CO. JAZAN SLAGGER OPERATIONS.ENTERED AGREEMENT WITH ADVANCED METAL INDUSTRIES CLUSTER COMPANY TO ACQUIRE 90 PERCENT OF AMIC'S OWNERSHIP IN A TITANIUM SLAG SMELTER FACILITY.TRONOX - AMIC WILL CREATE SPECIAL PURPOSE VEHICLE IN SAUDI ARABIA AND CONTRIBUTE OWNERSHIP INTEREST ALONG WITH $322 MILLION OF DEBT CURRENTLY HELD BY AMIC.CO AGREED TO LEND AMIC AND SPV UP TO $125 MILLION FOR CAPITAL EXPENDITURES AND OPERATIONAL EXPENSES TO FACILITATE START-UP OF SLAGGER.FUNDS MAY BE DRAWN DOWN ON A QUARTERLY BASIS AS NEEDED BASED, ON A BUDGET AGREED UPON BY COMPANY AND AMIC.CO AND AMIC AGREED THEY WILL ENTER INTO SHAREHOLDERS AGREEMENT RELATING TO RESPECTIVE RIGHTS AND OBLIGATIONS AS SHAREHOLDERS OF SPV.  Full Article

Tronox Announces Proposed Offering Of Senior Notes
Tuesday, 27 Mar 2018 

March 27 (Reuters) - Tronox Ltd ::TRONOX ANNOUNCES PROPOSED OFFERING OF SENIOR NOTES.TRONOX LTD - UNIT INTENDS TO OFFER SENIOR NOTES DUE 2026.TRONOX LTD - INTENDS TO USE PROCEEDS TO FUND REDEMPTION OF ABOUT $584 MILLION OF 7.50% SENIOR NOTES DUE 2022 ISSUED BY TRONOX FINANCE LLC.  Full Article

Tronox To Continue Engagement With European Commission Regarding Planned Acquisition Of Cristal TiO2
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - Tronox Ltd ::TRONOX TO CONTINUE ENGAGEMENT WITH THE EUROPEAN COMMISSION REGARDING THE PLANNED ACQUISITION OF CRISTAL TIO2.TRONOX LTD - ‍CONFIRMED EUROPEAN COMMISSION INITIATED PHASE II REVIEW OF CO'S PLANNED ACQUISITION OF TITANIUM DIOXIDE BUSINESS OF CRISTAL​.TRONOX - COMMISSION WOULD HAVE UP TO 90 DAYS, TO MAKE DECISION ON WHETHER PROPOSED DEAL WOULD IMPEDE EFFECTIVE COMPETITION IN EUROPEAN ECONOMIC AREA.  Full Article

Tronox Says Would Fight Lawsuit Filed By U.S. FTC To Block Co's Proposed Acquistion Of Cristal's Titanium Dioxide Business
Wednesday, 6 Dec 2017 

Dec 5 (Reuters) - Tronox Ltd ::TRONOX LTD SAYS "IT WOULD VIGOROUSLY FIGHT A LAWSUIT FILED DECEMBER 5, 2017 BY U.S. FEDERAL TRADE COMMISSION".TRONOX LTD SAYS IT WOULD FIGHT LAWSUIT BY U.S. FTC SEEKING TO BLOCK COMPANY'S PROPOSED ACQUISITION OF TITANIUM DIOXIDE (TIO(2)) BUSINESS OF CRISTAL.TRONOX SAYS "MAINTAINS THAT FTC'S COMPLAINT IS BASED ON AN ERRONEOUS VIEW OF GLOBAL TIO(2) MARKET AND A FLAWED ANALYSIS OF TRONOX/CRISTAL TRANSACTION".  Full Article

Tiaa-Cref investment management lLC reports 7.227 pct passive stake in Tronox Ltd as of oct. 31, 2017
Monday, 13 Nov 2017 

Nov 13 (Reuters) - Tronox Ltd :Tiaa-cref investment management, LLC reports 7.227 percent passive stake in Tronox Ltd as of oct. 31, 2017 - SEC filing‍​.  Full Article

Deals of the day-Mergers and acquisitions

Sept 5 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday: