1 June 2015
VIEW OM GROUP INVESTOR UPDATE PRESENTATION
ABOUT APPOLLO GLOBAL MANAGEMENT
VIEW APOLLO GLOBAL MANAGEMENT FULL PRESENTATION
ABOUT PLATFORM SPECIALTY PRODUCTS
VIEW PLATFORM SPECIALTY FULL PRESENTATION
DETAILS
announced that it has entered into a definitive agreement
to be acquired by funds managed by
affiliates of Apollo Global Management, LLC (NYSE: APO)
(together with its consolidated subsidiaries, “Apollo”,
and such funds, collectively, the “Apollo Funds”),
for $34.00 per share in cash.
The purchase price represents
a premium of approximately 28%
over OM Group’s closing share price
on May 29, 2015.
Platform Specialty Products (“Platform”)
will acquire
OM Group’s Electronic Chemicals and
which combined represented
approximately $28 million of adjusted EBITDA in 2014,
from the Apollo Funds in two separate transactions
for total cash consideration of $365 million.
Platform believes there is a synergy opportunity
in excess of $20 million over the next two years
from the combination of these complementary assets.
Following the transactions,
the Apollo Funds will own OM Group's
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