| Date | Title | | | 05/02/13 | OM Group Announces First Quarter 2013 Financial Results| Cobalt business divestiture completed; Debt substantially repaid; Share repurchase program underway; Progress on cost-reduction initiatives
CLEVELAND, May 2, 2013 /PRNewswire/ -- OM Group, Inc. (NYSE: OMG) today announced financial results for the first quarter ended March 31, 2013. The Company reported adjusted EBITDA of $35 million, excluding the results of its Advanced Materials cobalt business and charges related to cost-reduction initiatives. As announced on March 29, 2013, the Company ... |
|  | | 04/29/13 | OM Group Announces Agreement to Sell Its Ultra Pure Chemicals Business| CLEVELAND, April 29, 2013 /PRNewswire/ -- OM Group, Inc. (NYSE: OMG) announced today it has signed definitive agreements to sell its Ultra Pure Chemicals (UPC) subsidiaries located in the United States, England and Singapore, and has simultaneously offered to sell its Ultra Pure Chemicals subsidiary located in France, to KMG Chemicals, Inc. (NYSE: KMG) for a combined price of $60 million in cash. The sale is expected to close before the end of June 2013, subject to customary closing conditions ... |
| | | 04/15/13 | OM Group To Issue 2013 First Quarter Results On May 2, 2013| Conference Call and Webcast Scheduled
CLEVELAND, April 15, 2013 /PRNewswire/ -- OM Group, Inc. (NYSE: OMG) today announced that it plans to release its 2013 first quarter financial results before the market opens on May 2, 2013. The company will discuss these results on a conference call at 10:00 AM (ET) on May 2, 2013. The call can be accessed via webcast at http://investor.omgi.com or by dialing +1 800-344-0734 (US/Canada) or +1 973-935-2082, using conference code #3... |
| | | 03/29/13 | OM Group, Inc. Completes Divestiture Of Its Cobalt Business For $325 Million In Cash| CLEVELAND, March 29, 2013 /PRNewswire/ -- OM Group, Inc. (NYSE: OMG) today announced that it has completed the previously-announced divestiture of its Advanced Materials business, including the sale of its downstream business, to a joint venture held by Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX), Lundin Mining Corporation (TSX: LUN) and La Generale des Carrieres et des Mines (Gecamines). OM Group received cash consideration of $325 million, plus approximately $30 million for cash retain... |
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