Keyword: portfolio

News

Novartis and GlaxoSmithKline Swap $20 Billion in Assets

23.04.2014 - Novartis and GlaxoSmithKline have announced an asset swap worth more than $20 billion, with an eye to bolstering their best businesses and exiting weaker ones. The swap, which...

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Dow Lifts Asset Sale Target to $4.5-6 Billion by End of 2015

20.03.2014 - With activist shareholder hedge fund Third Point breathing down its corporate neck, Dow Chemical has lifted its asset sale target from $3-4 billion to $4.5-6 billion. The company...

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Messer Acquires Praxair’s French Arm, Sells Italian Unit

18.03.2014 - Privately owned German industrial gases producer Messer acquired 100% of U.S. rival Praxair's French subsidiary Praxair S.A.S from Praxair Euroholding, Spain, effective Mar. 12...

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Lanxess Said Close to Sale of Non-Core Rubber Units

17.03.2014 - German chemical producer Lanxess is said to be close to a sale of two of its rubber businesses which it last September identified as non-core and said it was studying "strategic...

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BASF Sells PolyAd Services to Private Equity

10.03.2014 - BASF has said it will sell PolyAd Services, part of its Plastics Additives business unit, to private equity investor Edgewater Capital Partners of Cleveland, Ohio, U.S. The deal...

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Bayer CropScience to Acquire Argentinian Seeds Firm

07.03.2014 - Subject to approval by anti-trust authorities in Argentina, Bayer CropScience will pay an undisclosed sum to acquire Buenos Aires-based Biagro Group, a producer and distributor of...

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Givaudan Set to Acquire French Cosmetics Producer Soliance

24.02.2014 - Swiss flavours and fragrances producer Givaudan said it is in exclusive talks about acquiring French cosmetics ingredients manufacturer Soliance. With two sites in France and 77...

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BASF Selling Liquid Masterbatch Business to Audia

21.02.2014 - BASF has announced plans to sell its liquid masterbatch activities to Audia International. The world's largest chemical producer said the niche business based at Clermont de l'Oise...