8.46am: Elementis up, Chemring down One of the top risers on the FTSE 250 is Elementis, up 6.2% after completing the sale of its pharmaceutical manufacturing business to AB Foods and confirming a share buyback. The specialty chemicals group said it had completed the disposal for an enterprise value of €34.3 million and expects to receive net cash proceeds of about €30 million ($35 million), all of which will be returned to shareholders via the buyback. Elementis said the disposal would improve adjusted oper ...