IHS Chemical Week

World News and Views :: Top of the News

Ashland and Clariant to sell foundry chemicals JV to private equity firm Rhône

12:03 AM MDT | April 9, 2014 | Deepti Ramesh

Ashland and Clariant say that they have entered into a definitive agreement to sell their foundry chemicals joint venture, ASK Chemicals (Hilden, Germany), to investment funds affiliated with Rhône, a London- and New York–based private equity investment firm. The enterprise value of the transaction, before debt and assumed liabilities, amounts to €257 million ($354 million). After adjusting for debt and assumed liabilities, total pretax proceeds to the sellers will be €149 million, which includes €128 million in cash and a...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa