Chemical maker Ashland raised its quarterly dividend to 17.5 cents a share - up 17% from its prior payout rate. Last month, the company had posted higher-than-expected second quarter profit as it raised prices to counter rising raw material costs. Ashland had last raised its dividend in May last year.
Merck to acquire the chromatography business of JSR Life Sciences, a leading provider of CDMO services, preclinical and translational clinical research, and bioprocessing solutions.
BASF sells a majority stake in its coatings business to the investor Carlyle.
Novo Nordisk announced a global workforce reduction of approximately 9,000 positions to streamline operations and reinvest DKK 8 billion (€1 billion) in growth opportunities for diabetes and obesity treatments.
Building on the April 2025 announcement, Dow will take actions across its three operating segments to support European profitability, resulting in the closure of sites in Germany and the UK.
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