Keyword: takeover


Covestro Said to Reject ADNOC Buyout Offer

23.06.2023 -

German engineering plastics producer Covestro has rejected an initial takeover proposal from Abu Dhabi National Oil Co (ADNOC) as too low, the Bloomberg news agency...


Brenntag Eyes Takeover of Rival Univar

28.11.2022 -

Brenntag and Univar Solutions have both confirmed reports from late last week that they are in talks about the German-multinational chemical distributor acquiring its US...


Dutch Government Seen as Helping Akzo Fight PPG

26.06.2017 - Akzo Nobel cooperated closely with the government of the Netherlands, at least from Mar 9, to fend off the failed bid by US rival PPG to acquire the Amsterdam-based coatings and...


Novacap and PCAS in Takeover Talks

24.05.2017 - French chemicals and pharmaceuticals groups Novacap and PCAS have started negotiations for a potential merger. Novacap said a combination of the two businesses would create a...


AkzoNobel Rejects PPG's Second Bid

23.03.2017 - US paints and coatings giant PPG Industries is doubling down on its efforts to bring AkzoNobel to the negotiating table. After the Dutch rival rejected its first bid, the...


Linde Resumes Praxair Talks, CEO Departs

08.12.2016 - German gases and engineering group Linde has moved a step closer to a mega merger with US rival Praxair. As expected, the Dec. 7 meeting of the supervisory board dealt with Praxair...


ChemChina Ignores EU Remedies Submission Date

25.10.2016 - Reports continue to circulate that ChemChina’s planned $43 billion takeover of Swiss agrochemicals producer Syngenta may not be going as smoothly as planned. Recently, the Chinese...


Lanxess to Acquire Chemtura for $2.5 Billion

26.09.2016 - Flush with cash from the sale of a major chunk of its rubber business to Saudi Aramco, German chemical producer Lanxess has signed a “definitive agreement” to acquire US specialty...