Nalco Holdings (NLC) Shareholder Lawsuit

Kyros Law Investigating Claims on Behalf of Investors Nalco Holdings

Kyros Law announces an investigation into possible breaches of fiduciary duties in connection with the proposed sale of Nalco Holding Co to cleaning products giant Ecolab Inc..  Nalco makes chemicals used in water treatment, pollution control and energy conservation, in a deal valued around $5.4 billion.  Nalco is traded on the New York Stock Exchange under the symbol NLC.

Under the terms of the agreement, Nalco's shareholders may elect to receive either 0.7005 share of Ecolab common stock per share of Nalco common stock or $38.80 in cash. The overall mix of consideration paid to Nalco shareholders will be approximately 30% cash and 70% stock, giving Nalco a market capitalization of about $4 billion.

Kyros Law's investigation is focused on whether the proposed deal provides adequate value to the Nalco shareholders.  Specifically, our investigation concerns whether Nalco’s board of directors adequately shopped the company to obtain the best price possible for Nalco’s shareholders before entering into the agreement with the Ecolab. 

If you are a holder of Nalco common stock and want to discuss your legal rights, you may e-mail or call Kyros Law who will, without obligation or cost to you, attempt to answer your questions.

Kyros LawP is a Boston-based law firm with significant experience representing investors in merger-related shareholder class actions, shareholder derivative actions, and securities fraud class actions. For info about our law firm please our Kyros Law web site.