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German chemicals distributor Brenntag said on Tuesday it would reorganise its business into two independent divisions from 2024 as it faces pressure from activist investors to break up the company.
Brenntag lowered its full-year profit forecast following sustained pressure on industrial chemical prices, and reported lower earnings and revenue for the second quarter.
Brenntag SE fell sharply on Monday after the Germany chemical distributor confirmed a Bloomberg News report that it’s exploring its biggest-ever acquisition.
Unfortunately, that's been the case for longer term Brenntag SE(ETR:BNR) shareholders, since the share price is down 25% in the last three years, falling well short of the market decline of around ...
A Different Perspective It's nice to see that Brenntag shareholders have received a total shareholder return of 12% over the last year. And that does include the dividend.
German chemicals distributor Brenntag SE said on Tuesday it plans to buy back 6.8% of its shares worth up to 750 million euros ($792.90 million), a move seen as a way to bolster investor ...
Brenntag, a dependable chemical distributor with a resilient business model, stays well-positioned despite challenges. Click here to read my analysis.
Dec 5 (Reuters) - German chemicals distributor Brenntag BNRGn.DE, which has come under pressure from activist investors to break up its businesses, on Tuesday said it would reshuffle its units to ...
Like Swank, Brenntag Specialties’ focus is delivering ingredients to food processors. Those customers look to Brenntag for what’s known in the industry as both base and functional ingredients.
Brenntag is bringing green solutions to the European coatings, adhesives, sealants, and elastomers (CASE) industry through a business partnership with GFBiochemicals, the company said March 18.
Brenntag SE shares rose as much as 5.8% after the company said it’s no longer proceeding with discussions to potentially acquire US rival Univar Solutions Inc.
Brenntag Great Lakes, a Wauwatosa chemical company, has received an FDA warning letter alleging it produced hand sanitizer with the same equipment used for brake parts cleaner.
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