|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||18.86 - 19.87|
|52-week range||12.88 - 28.40|
|PE ratio (TTM)||N/A|
|Earnings date||1 May 2018 - 7 May 2018|
|Forward dividend & yield||0.18 (0.92%)|
|1y target est||25.43|
Faced with regulatory approvals, on March 1, 2018, Tronox (TROX) announced that it agreed to extend the deadline related to the acquisition of Cristal’s titanium dioxide business headquartered in Jeddah, Saudi Arabia. According to the agreement, the dates were extended from May 21, 2018, to June 30, 2018. The companies also agreed that a three-month automatic extension will be applied until March 31, 2019, depending on outstanding regulatory approvals. Tronox has the right to terminate the agreement if the regulatory approval won’t be obtained before January 1, 2019.
Exxaro Resources Ltd. rose the most in 11 months after the South African miner declared a 4.5 billion rand ($376 million) special dividend following the sale of part of its stake in titanium-dioxide producer ...
Tronox (TROX) believes that the US Federal Trade Commission (or FTC) is blocking its proposed takeover of Cristal’s titanium dioxide business by not initiating the administrative process and allowing the transaction agreement to expire. Tronox has filed a lawsuit in the United States District Court asking declaratory and injunctive relief to ensure that FTC doesn’t block the acquisition.
On December 20, 2017, Tronox (TROX) issued a press release and stated that the European Commission had begun a phase two review of TROX's acquisition of Cristal's titanium dioxide business.
On November 16, 2017, Tronox (TROX) appointed Jeffry N. Quinn as its new president and CEO (chief executive officer), effective December 1, 2017.
On September 22, 2017, Tronox (TROX) announced that it has completed its $450.0 million offering of senior notes due in 2025.