11.02.2010 • News

U.S. SEC Began Airgas Trades Probe Before Air Products Bid

U.S. securities regulators were probing unusual activity in Airgas call options before a $5.1 billion offer for the industrial gas company was announced, a person familiar with the probe said on Wednesday.

Air Products launched an unsolicited $60-a-share cash bid for rival Airgas Feb. 5, prompting AirGas'shares to jump. The Securities and Exchange Commission is looking into potential insider trading in Airgas, the person said. The source requested anonymity because the probe has not been made public.

Interview

Driving Sustainability Through Collaboration
Building Green Practices Across the Chemical Supply Chain

Driving Sustainability Through Collaboration

Together for Sustainability (TfS) is a pioneering, member-led initiative working to accelerate sustainable and resilient chemical supply chains. TfS President Jennifer Jewson discusses the origins of TfS, its evolving goals, its present-day challenges, and the initiative’s enduring impact and outlook for the future.

Innovation Pitch

The Start-up Platform for Chemistry & Life Sciences
Discover Tomorrow’s Innovators

The Start-up Platform for Chemistry & Life Sciences

CHEManager Innovation Pitch supports innovation in the chemistry and life sciences start-up scene. The platform allows founders, young entrepreneurs, and start-ups to present their companies to the industry.

Top-Feature

most read