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People & Business :: Companies
Chemical Finance Digest, June 6-10
2:50 PM MDT | June 13, 2011 | Vincent Valk
Topping the headlines this week, PQ Corp., a silicates producer, is reportedly planning an IPO. In M&A, Brenntag has agreed to acquire Zhong Yung Chemical, a Chinese solvents distributor with revenues of $373 million. Meanwhile, Lubrizol's shareholders voted to approve Berkshire Hathway's $135/share offer for the company by a wide margin. No new equity deals were announced last week. Avantor issued $220 million in debt, in the form of a $185 million term loan and a $35 million revolving credit facility. Moody's rated the new debt 'Ba'3,' with a...
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