Wednesday, December 15, 2010

Lanxess to acquire DSM Elastomers for €310 mln on a cash and debt-free basis

Lanxess and Royal DSM N.V. have reached an agreement in principle involving the sale of DSM Elastomers to Lanxess for €310 million on a cash and debt-free basis. DSM Elastomers produces the synthetic rubber ethylene propylene diene monomer (EPDM) under the brand name Keltan.

For more details on Lanxess to acquire DSM Elastomers for €310 mln on a cash and debt-free basis click here

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