M&A
confidence high
sentiment positive
materiality 0.60
Quanex receives UK CMA clearance and US HSR expiration for Tyman acquisition; closing expected H2 2024
Quanex Building Products CORP
- UK CMA responded to briefing paper with no further questions on the Tyman acquisition.
- US HSR waiting period for the transaction expired as of June 11, 2024.
- Closing remains subject to Tyman stockholder and Quanex stockholder approvals.
- Quanex expects the acquisition of Tyman to close in the second half of 2024.