After years of approaches, US-based Huntsman Corp and Switzerland’s Clariant AG have announced that they will merge to create a chemicals manufacturer worth more than $14 billion.
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Chemical Giants Set For $14 billion Merger
Posted on June 29, 2017 By
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Chemicals Sector Continues to Remain Buoyant
Posted on May 25, 2017 By
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Following our report last month on the $130bn mega-merger between US chemical giants Dow Chemical and DuPont, a new deal has announced the creation of a chemicals giant with a market value of approx $14 billion. This latest high-profile transaction across the diversified chemicals sector sees companies are striking ever more aggressive deals to find new ways to slash costs and gain greater scale of their segments, typifying the current market trend for companies to cut costs and boost revenue.
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