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People & Business :: Earnings/Finance
Chemical M&A Continues to Slide in Early 2012
2:28 PM MDT | May 18, 2012 | Robert Westervelt
Chemical industry M&A activity has continued to slow in early 2012, according to data from Young and Partners (New York). The total dollar volume of chemical M&A completed worldwide in the first quarter was only $6 billion, of which the largest deal was Apollo Management’s $1.5-billion acquisition of Taminco. This compares to $17 billion in the fourth quarter of last year, and $82 billion for all of 2011, according to Young & Partners. “The chemical M&A market is clearly past the peak, both in terms of dollar volumes and...
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