You are here

Belgium's Solvay to buy US producer Chemlogics for US$1.3b

Tuesday, October 8, 2013 - 06:00

[LONDON] Solvay has agreed to buy US producer Chemlogics for US$1.3 billion in cash to expand its offering of chemicals for the oil and gas industry.The Belgian company is paying 10.7 times earnings before interest, taxes, depreciation and amortisation for the business, which generated about US$

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom