Keyword: takeover

News

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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...