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Unsolicited bidder for Columbia-based chemicals company W.R. Grace raises offer to $4.6 billion

April 2, 2021

Making its “best and final offer,” the New York investment firm in pursuit of W.R. Grace & Co. raised its unsolicited bid for the Columbia-based specialty chemicals giant to $4.6 billion Thursday. 40 North Management LLC offered to buy all of Grace’s outstanding shares for $70 per share in cash, an increase over a previous offer of $65 per share in a deal valued at $4.3 billion.

Article Source: Baltimore Sun

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