Financial investor BC Partners has started the placement of 6.9 million shares in German chemicals distributor Brenntag, two people familiar with the matter told Reuters on Friday.
The share placement, equaling about 13.3% of Brenntag's shares, is organised by Goldman Sachs and Deutsche Bank.
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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.
Ineos CEO Ineos calls on European politicians to save the chemical industry.
Carbon black manufacturer Orion Engineered Carbons plans to rationalize production lines in North and South America and EMEA.
Merck to acquire the chromatography business of JSR Life Sciences, a leading provider of CDMO services, preclinical and translational clinical research, and bioprocessing solutions.
