Keyword: synergies

News

CB&I and McDermott in $6 Billion Merger

21.12.2017 - Engineering and construction groups CB&I and McDermott International have agreed to merge in an estimated $6 billion all-stock transaction, creating a vertically integrated onshore...

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Dow and DuPont Complete $130 Billion Merger

05.09.2017 - US chemical giants Dow and DuPont completed their $130 billion merger at the end of August, following all regulatory approvals. With the end of trading under the two groups’...

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Lonza Completes Capsugel Acquisition

11.07.2017 - Lonza has gained all regulatory approvals for its proposed acquisition of Capsugel – the biggest buy in its history – and expects to close the transaction imminently, the company...

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ICL to Sell Assets of $500 Million Plus

27.06.2017 - Israel Chemicals (ICL) is seeking to sell subsidiaries and assets with low synergies, which could be worth more than $500 million, Reuters news agency has reported. Speaking at an...

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Ashland Buys Pharmachem Laboratories

20.04.2017 - Ashland Global Holdings has agreed to buy Pharmachem Laboratories for $660 million in cash. Pharmachem’s CEO, Colin Macintyre, said the deal combines its custom manufacturing...

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Evonik Buys J.M. Huber Silica Arm for $630 Million

12.12.2016 - Evonik has acquired the silica business of US producer J.M. Huber for $630 million in a deal the German specialty chemicals producer said will allow it to expand its position in...

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Fitch Keeps Bayer on Rating Watch

06.10.2016 - London-based ratings agency Fitch said it is keeping Bayer’s long- and short-term Issuer Default Ratings (IDRs) of A/F1 on Rating Watch Negative (RWN) as well as the senior...

News

Dow Chemical to Slash 2,500 Jobs

30.06.2016 - In early June, when Dow Chemical announced it had assumed full control of Its former 50:50 joint venture with Corning, one of the unanswered questions was how many jobs would be...