in this issue
World News and Views :: Top of the News
Mitsubishi Rayon to Buy Lucite?
6:27 AM MST | November 4, 2008 | Natasha Alperowicz
Mitsubishi Rayon is in the final stages of negotiations to acquire Lucite International (Southampton, U.K.) for about £1 billion ($1.62 billion), according to a recent U.K. press report. Charterhouse Capital Partners, which owns 78% of Lucite--the world's biggest producer of methyl methacrylate (MMA)--and Mitsubishi Rayon have "agreed in principle," The Daily Telegraph report says. Ineos owns a 20% stake in Lucite. Announcement of the deal is scheduled this month, the report says. Mitsubishi Rayon is being advised by Credit Suisse. Lucite...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee