It has been ruled that world´s number one epoxy adhesive maker - Huntsman Corp. can force rival Hexion Specialty Chemicals Inc. to honor a US$6.5 bln buyout agreement.
The judge concluded that Hexioon, a unit of buyout firm Apollo Management LP, does not have sufficient grounds to cancel its offer for Salt Lake City-based Huntsman because of a slump in the chemical markets.
For more details on Huntsman emerges victorious in court battle with Hexion click here
Friday, October 03, 2008
Huntsman emerges victorious in court battle with Hexion
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