Author Topic: PAH - Platform Acquisition Holdings  (Read 45875 times)

no_free_lunch

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Re: PAH - Platform Acquisition Holdings
« Reply #100 on: July 22, 2018, 10:22:27 AM »
Platform is divesting Ayrsta for $4.2B.  WIll significantly lower leverage, down to 2.5x EBITDA.   Company has announced a buyback of ~23% of market cap.  Will convert to an operating company.  Some cost savings.

https://seekingalpha.com/article/4188775-platform-specialty-products-pah-divest-arysta-lifescience-4_2b-slideshow