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IMCD Q3 profit rises, flags slower M&A amid high valuations

IMCD reported higher profit for Q3, but made only one acquisition (announced in June), citing high demand prices per competitor Azelis. This suggests a slowdown in M&A activity in the chemical distribution sector, which may signal caution on growth prospects.

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FD3 days agoNLCredibility 29%View source

Score Breakdown

Mosaic Score2.0
Model confidence0.5
Significance0.1
Source credibility0.3

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Netherlandscountry
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