Sunday, February 20, 2011

Clariant bidding to acquire Süd-Chemie AG

Clariant is bidding to acquire Süd-Chemie AG in a €2 bln (US$2.67 bln) deal with a particular interest in the German chemical company's catalyst and adsorbents businesses, as per Plasticstoday.com. IIn a presentation to analysts, Clariant called the catalyst and adsorbent units "attractive, high margin businesses" that provide "future technologies with high long-term growth potential.

For more details on Clariant bidding to acquire Süd-Chemie AG click here

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