Specialty chemical producer MacDermid Group withdraws $200 million IPO


MacDermid Group, a global producer of a broad range of specialty chemicals, withdrew its plans for an initial public offering on Thursday citing poor market conditions. The Denver, CO-based company was founded in 1922 and booked $732 million in sales for the 12 months ended 3/31/2012. MRD. Credit Suisse, Morgan Stanley and Deutsche Bank were set to be the joint bookrunners on the deal.

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This article appears in: News Headlines , IPOs

Referenced Stocks: MRD

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