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World News and Views :: Top of the News

July 11, 2007

Apollo Launches $10.4 Billion Bid for Huntsman

Robert Westervelt

Private equity firm Apollo Management (New York) launched a $10.4 billion, or $27.25/share, bid to acquire Huntsman last week, topping Basell’s June 29 offer to buy the company for $9.6 billion, or $25.25/share. Apollo made the bid through its Hexion...

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