Australia’s Orica said it would acquire U.S.-based chemical company Cyanco Intermediate 4 Corp for $640 million to expand its geographical reach in mining chemicals business. Orica will fund the buy mainly through...
DuPont to sell Delrin resins unit to PE firm for around $1.8 bln – Bloomberg News
Materials and chemicals maker DuPont De Nemours Inc is in advanced talks to sell its Delrin resins unit to private equity firm The Jordan Company for about $1.8 billion, Bloomberg News reported on Sunday, citing people...
Switzerland’s Sika completes acquisition of Germany-based MBCC
Sika has completed its acquisition of Germany-based MBCC after receiving all necessary regulatory approvals, the Swiss chemicals company said on Tuesday. In order to get the approvals Sika said it had agreed to divest...
Australian competition regulator approves Sika’s proposed $6.1 bln MBCC deal
Australia’s competition regulator said it would not oppose Sika’s 5.5 billion Swiss franc ($6.12 billion) takeover of MBCC Group, only if the Swiss chemicals maker divested MBCC Group’s entire business...
Aquapharm in talks to sell stake for ₹5k crore
Speciality chemicals firm Aquapharm Chemicals Pvt. Ltd is in talks with private equity (PE) investors to raise ₹5,000 crore through a stake sale, two people familiar with the development said. However, the company has...
European Commission gives Sika conditional approval for MBCC deal
The European Commission has given conditional approval for the proposed acquisition of Germany-based MBCC by Swiss chemicals company Sika, the EU executive body said on Wednesday. The approval is conditional on the...
Germany’s Brenntag in takeover talks with U.S. rival Univar
Brenntag SE said it held preliminary discussions with U.S. rival Univar Solutions Inc regarding a potential acquisition, as the German chemicals distributor seeks to expand its footprint in the United States. The move...
Fairfax India to sell Fairchem Organics stake
Billionaire Prem Watsa-backed Fairfax India Holdings Corp. is looking to sell its majority stake in speciality chemicals manufacturer Fairchem Organics Ltd, three people aware of the development said. A transaction may...
Sika to buy former BASF chemicals company from Lone Star for $6 billion
Swiss chemicals company Sika has agreed to buy MBCC Group for 5.5 billion Swiss francs ($6 billion) to boost its position in sustainable building, making its biggest-ever acquisition in the fragmented $70 billion...
Wacker Chemie to buy majority stake in China’s Sico for $140 million
Wacker Chemie will buy a 60% stake in Chinese rival Sico Performance Material for about 120 million euros ($139.66 million), the German chemical company said on Wednesday. Sico makes specialty components for high...
France’s Arkema agrees to buy Ashland’s performance adhesives unit
French chemical maker Arkema said on Tuesday it had agreed to buy the performance adhesives business of Ashland Global Holdings in a deal valuing the unit at $1.65 billion including debt. Arkema said the unit would...
Chemical firm Rossari Biotech to acquire Unitop Chemicals for Rs 421 crore
Speciality-Chemicals manufacturer Rossari Biotech on Wednesday announced the acquisition of Unitop Chemicals, a supplier of surfactants, emulsifiers, and specialty chemicals, for Rs 421 crore. Rossari will be acquiring...
