40 North Management LLC increased its offer to acquire all of the outstanding shares of W.R. Grace & Co (GRA) common stock for $70 per share in cash. 40 North determined that its proposal represents its best and final offer. 40 North is a fundamentally-based investment platform focused on public equities.
40 North Management noted that its proposal is subject only to confirmatory diligence, which it expects to be able to complete in two weeks. The offer does not require any internal corporate or shareholder approvals.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.