Deal round-up: Airgas, Rohm&Haas, JRC, WaMu
Rohm & Haas Co. has paid $40 million for a controlling share of Gracel Display Inc., a South Korea-based developer and manufacturer of organic light-emitting diode (OLED) materials, which are used in cell phones, MP3 players and ot
Rohm & Haas Co. has paid $40 million for a controlling share of Gracel Display Inc., a South Korea-based developer and manufacturer of organic light-emitting diode (OLED) materials, which are used in cell phones, MP3 players and other flat-panel display.
That follows Rohm & Haas's sale, announced Friday, of its 40 percent interest in UP Chemical Company, a South Korean firm that specializes in DRAM technology used in semiconductors, to South Korea's Woori Consortium.
Gracel story at http://www.philly.com/philly/business/homepage/20080407_Rohm___Haas_buys_S__Korean_firm.html Rohm & Haas releases at http://www.rohmhaas.com/wcm/index.page
Airgas, Radnor, won't say what it's paying for A&N Plant, a European supplier of welding equipment with $20 million in yearly sales. Brief story at http://www.philly.com/philly/business/homepage/20080407_Airgas_acquires_European_supplier.html
Journal Register Co., Yardley, says it's hired Lazard Freres as its investment banker, according to a press release posted at Marketwire: http://www.marketwire.com/mw/release.do?id=840719
Washington Mutual Inc. shares are up sharply today on speculation the beleagured national home lender is about to get a big investment. See Bloomberg story at http://www.bloomberg.com/apps/news?pid=20601087&sid=a9757Cx0d.QE&refer=home