CCF - Specialty chemicals maker Chase Corp. seeking sale - WSJ

2023-06-09 18:20:11 ET

Chase Corp. ( NYSE: CCF ) +5.7% post-market Friday after The Wall  Street Journal reported the specialty chemicals maker is working with financial advisors on a potential sale.

Chase ( CCF ) has received multiple bids from private equity firms including Pritzker Private Capital, a family-owned investment firm connected to the family of Illinois Gov. J.B. Pritzker and others, as well as other industrial companies.

Chase's ( CCF ) market capitalization totaled ~$1.17B as of Friday's close.

More on Chase Corp.:

• Financial and valuation comparison to sector peers
• Analysis: Chase Corp.: A Cash Flow Powerhouse Worth Considering
• Stock price return: Up 40.5% YTD, up 54.5% in the past 12 months

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