IHS Chemical Week

People & Business :: Companies

Blackstone to Buy Polymer Group

11:41 AM MDT | October 5, 2010 | Vincent Valk

Private equity firm Blackstone has agreed to acquire Polymer Group (PGI; Charlotte, NC) for $18.16/share, or about $389 million, the company says. Turnaround firm MatlinPatterson Global Opportunities (New York), which currently owns about 63.4% of the company, approved the deal. Blackstone has offered to purchase 100% of PGI, whose shares are traded over-the-counter. The deal is expected to close in the first-quarter of 2011. The deal is the result of a strategic review that PGI announced earlier this year. Blackstone has secured debt financing for the deal from...

This information is only available to Chemical Week subscribers.

Username:
Password:

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

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers

 

 

 













 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2012 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