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InsideArbitrage Potential Deal Alert: Sisecam Chemicals Resources LLC Delivers Proposal to Acquire Sisecam Resources LP (SIRE)

  • February 2, 2023


StockSisecam Resources LPSymbolSIRE
Date Announced07/06/2022Source Press Release
TypeUnsolicited BidAcquiring Company/Person Sisecam Chemicals Wyoming LLC
Date of Confirmation: 02/01/2023Price at Confirmation: $24.17
Potential Profit: 41.10%Annualized Profit: 71.43%

On  July 6, 2022, Sisecam Chemicals Resources LLC, delivered a non-binding proposal to the Board of Directors of Sisecam Resource Partners LLC, the General Partner of Sisecam Resources LP to acquire all of the outstanding common units, in exchange for $17.90 per issued and outstanding publicly held common unit of the Partnership, which represents the thirty day volume weighted average per share, as of July 5, 2022.


Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.