Offers 15.50 usd/share (Il Sole 24 Ore Radiocor) - New York, 26 Apr - The diversified industrial minerals company US Silica Holdings said that it has entered into a definitive agreement to be acquired by funds managed by affiliates of Apollo in an all-cash transaction that values the company at an enterprise value of approximately 1.85 billion dollars.

US Silica stockholders will receive 15.50 dollars per share in cash for each share of common stock owned as of the closing of the transaction. The offer represents a 18.7% premium to the closing share price of 13.06 dollars on April 25.

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(RADIOCOR) 26-04-24 19:30:13 (0624) 5 NNNN