Specialty Chemicals M&A » By The Online Investor Staff, updated Fri., Apr. 19, 7:05 AM
Recent mergers and acquisitions in the Specialty Chemicals M&A category.
| This Slide: #5 of 91 |
Slide #5. Platform Specialty Products Corporation — Chemtura Agrochemicals Business
Acquirer:
Platform Specialty Products Corporation (PAH)
Acquiree:
Chemtura Agrochemicals Business (CHMT)
Details:
Chemtura Corporation (NYSE:CHMT) (Euronext Paris:CHMT) ("Chemtura") today announced that it has entered into a definitive agreement to sell its agrochemicals business, Chemtura AgroSolutions, to Platform Specialty Products Corporation (NYSE:PAH) ("Platform"), a global specialty chemicals company, for approximately $1 billion. The consideration will be funded with $950 million in cash and 2 million shares of Platform's common stock. The transaction is subject to customary purchase price adjustments, closing conditions and regulatory approvals and is expected to close in the second half of 2014.
Element Solutions is a producer of specialty chemical products. Co.'s business involves the blending of a number of key ingredients to produce proprietary formulations. Co. manages its business in two reportable segments: Performance Solutions, which formulates and markets chemistry solutions that are used in automotive production, electronics, commercial packaging and printing, and offshore oil and gas production and drilling; and Agricultural Solutions, which focuses on the development, formulation, registration, marketing and distribution of differentiated Crop Protection solutions, including BioSolutions and Seed Treatment, for a variety of crops and applications.
Open the PAH Page at The Online Investor »
Element Solutions is a producer of specialty chemical products. Co.'s business involves the blending of a number of key ingredients to produce proprietary formulations. Co. manages its business in two reportable segments: Performance Solutions, which formulates and markets chemistry solutions that are used in automotive production, electronics, commercial packaging and printing, and offshore oil and gas production and drilling; and Agricultural Solutions, which focuses on the development, formulation, registration, marketing and distribution of differentiated Crop Protection solutions, including BioSolutions and Seed Treatment, for a variety of crops and applications.
Open the CHMT Page at The Online Investor »
|
|||||||||
|
|||||||||
 Free Email Alerts:
Get SEC Filing Alerts Get Dividend Alerts 
|
