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Huntsman and Clariant merging to create US$14b chemicals giant
Published Mon, May 22, 2017 · 09:50 PM
Frankfurt
US-BASED Huntsman Corp and Swiss Clariant AG are combining to create a chemical manufacturer with a market value of over US$14 billion, the deal coming together after years of tentative mutual approaches.
The HuntsmanClariant specialty chemicals company will be 52 per cent owned by Clariant shareholders and valued at around US$20 billion when including debt, Clariant said in a statement.
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