Hexion Specialty Chemicals, owned by private equity firm Apollo Management, has increased its bid for Huntsman Corporation by adding 75 cents per share, hiking its offer from US$27.25 per share to US$28.00. Earlier last week, Hexion overtook the US$25.25 per-share bid made by polyolefins major Basell.
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Thursday, July 12, 2007
Hexion increases bid for Huntsman by additional 75 cents
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