2022-07-06 10:08:11 SIRE Sisecam Resources
07/06/22 07/0610:08 07/06/2210:08 | Sisecam Chemicals proposes to buy Sisecam Resources LP for $17.90 per unitSisecam Chemicals Resources LLC announced that i delivered a non-binding proposal to the board of directors of Sisecam Resource Partners LLC, the General Partner of Sisecam Resources LP, to acquire all of the outstanding common units, representing limited partner interests in the Issuer not already owned by SCR or its affiliates, in exchange for $17.90 per issued and outstanding publicly held common unit of the partnership, which represents the thirty day volume weighted average per share, as of July 5. "There can be no assurance that any discussions that may occur between SCR and the Issuer with respect to the Proposal will result in the entry into a definitive agreement concerning a transaction or, if such a definitive agreement is reached, will result in the consummation of the transaction contemplated in such definitive agreement," Sisecam Chemicals Resources LLC stated. |
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