Composites World / NetComposites

Connecting you to the composites industry

Advertisement

NetComposites Ltd has transferred the rights and ownership of this website to Gardner Business Media Inc.

On 1st January 2020, NetComposites' media assets including netcomposites.com, newsletters and conferences were transferred to Composites World (Gardner Business Media).

This site is no longer being updated. Please direct all enquiries to netcomposites@gardnerweb.com.

For further details see our joint press release.

Hexion Specialty Chemicals Makes Proposal to Acquire Huntsman

  • Sunday, 8th July 2007
  • 0 comments
  • Reading time: less than a minute

Hexion Specialty Chemicals has offered to acquire Huntsman for $10.4 billion, approximately 8% over Basell’s previously announced agreement to acquire the company.

Hexion’s proposal is subject to a customary merger agreement, which has been submitted to Huntsman’s Transaction Committee together with Hexion’s offer. The transaction would be subject to regulatory approvals and the affirmative vote of Huntsman shareholders. The proposal is fully financed pursuant to commitments from Credit Suisse and Deutsche Bank.

Hexion’s proposal is currently under review by the Huntsman Transaction Committee.


For more information visit:


Share this article


More News


Comments (0)

Leave your comment