|Bid||0.000 x 0|
|Ask||0.000 x 0|
|Day's range||0.000 - 0.000|
|PE ratio (TTM)||58.78|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Lanxess's (LXSG.DE) water treatment business has attracted the interest of potential buyers since the German chemicals group put the unit on the block to streamline its portfolio, people close to the matter said. Buyout groups AGIC Capital and AEA Investors as well as a Chinese peer are expected to hand in final offers worth up to 500 million euros (441.76 million pounds), including debt, for the operations by an end-July deadline, they added. Other bidders, such as private equity firm Bridgepoint, have dropped out of the race for the business, which is expected to post earnings before interest, tax, depreciation and amortisation (EBITDA) of just below 40 million euros this year.
For long-term investors, assessing earnings trend over time and against industry benchmarks is more beneficial than examining a single earnings announcement at a point in time. Investors may find myRead More...
Small-cap and large-cap companies receive a lot of attention from investors, but mid-cap stocks like LANXESS Aktiengesellschaft (XTRA:LXS), with a market cap of €6.22B, are often out of the spotlight.Read More...
World stocks were set for their biggest weekly loss since mid-March on Friday, while the dollar hovered just below recent four-month highs as investors awaited crucial U.S. jobs data that could cement expectations of further U.S. interest rate rises this year. Bond yields meanwhile slid following a surprising slowdown in euro zone inflation. The other issue preying on markets is the trade tension between the United States and China.
By Arno Schuetze, Pamela Barbaglia and Joshua Franklin FRANKFURT/LONDON/NEW YORK (Reuters) - Germany's Lanxess (LXSG.DE) has dropped out of a consortium bidding for Akzo Nobel's (AKZO.AS) speciality chemicals ...
A fall in commodity stocks and sustained profit-taking sent European shares to an eight-week low and their seventh straight session of losses on Wednesday, but Airbus rallied after winning a record plane ...
FRANKFURT (Reuters) - Germany's Lanxess (LXSG.DE) lifted the lower end of its earnings guidance range for 2017 after strong demand for specialty chemicals such as construction pigments and leather chemicals ...