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People & Business :: Companies

Huntsman Buys Indian Textile Dyes Unit

3:06 PM MDT | August 7, 2007 | Chemical Week Editorial Staff

Huntsman’s textile effects business has agreed to acquire Metrochem Industries Baroda (Vadodara, India), a maker of textile dyes and intermediates, for $46.5 million in cash. The deal will strengthen Huntsman’s textile effects supply chain in Asia, the company says. Separately, private equity firm Apollo Management (New York) has agreed to buy Huntsman for $28/share (p...

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