Keyword: Solvay

News

Abbott Looks to Sell its Flu Vaccine Unit

30.06.2010 - Abbott Laboratories is exploring the sale of its flu vaccine unit acquired as part of its purchase of Solvay's drugs unit. "Abbott is exploring the option to potentially sell the...

News

Solvin and Arkema Buy Back Holdings in Vinyls Production JV

28.06.2010 - Arkema and SolVin (a joint venture between Solvay and BASF) have decided to each buy back the minority cross-holdings in the vinyls joint venntures, effective July 1. This affects...

News

Plastic Omnium To Buy Solvay Stake In Fuel Tank JV

17.06.2010 - Belgian drugs, chemicals and plastics maker Solvay is selling its entire stake in auto fuel systems supplier Inergy Automotive Systems to joint venture partner Plastic Omnium, it...

News

Cognis Indicates Fair Value May be €3.4 Billion

27.05.2010 - With suitors circling German chemicals maker Cognis, according to sources, the company's finance chief gave them a price tag its private equity owners might have in mind to wrap up...

News

Update: Cognis Sale Heats Up As Lubrizol Joins Fray

14.04.2010 - U.S specialty chemicals maker Lubrizol has joined other potential bidders in talks to buy German additives group Cognis , a source close to the matter told Reuters. The Financial...

News

Abbott Completes Acquisition of Solvay Pharmaceuticals

18.02.2010 - Abbott has completed its €4.5 billion acquisition of Belgium-based Solvay Pharmaceuticals. The acquisition gives the U.S.-based healthcare company a large and complementary...

News

Solvay Reports Improved Operating Results for Q4 2009

18.02.2010 - Solvay's operating result in the fourth quarter of €313 million was up from €125 million last year in every sector of activity; for the year overall, the decrease was limited to 6%...

News

Abbott Gets Green Light for Solvay Deal

12.02.2010 - The European Commission gave Abbott the go ahead to buy Solvay's pharmaceutical business for $6.6 billion, with certain sales conditions. Because of concerns about competition...