Sika (Baar, Switzerland) says its Sika Japan (Hiratsuka, Japan) subsidiary has acquired the construction sealant business of Henkel Japan (Tokyo). The acquired...
Ineos is in preliminary discussions about the possibility of bringing in joint venture partners for, or selling, some of the company's assets, U.K. press reports say. The reports, quoting Tom Crotty, CEO at Ineos Olefins, say the company is in discussions...
H.B. Fuller says it has entered into a stock purchase agreement, under which it will acquire all of the shares of adhesives manufacturer Revertex Finewaters (Klang, Malaysia), a joint venture of Yule Catto (Harlow, U.K.) and Johor Corporation (Johor Bahru...
Yara International said today that it will not raise its offer for Terra Industries to match or exceed a bid form CF Industries Holdings. Yara agreed last month to buy Terra for $4.1 billion in a deal, which would create a global fertilizer giant and...
The most read article of the week on CW 247 by a country mile is our magazine cover story about Dow Chemical’s journey from the depths of the recession in early 2009, to recovery early this year. It’s a theme that has resonance across the...
Sanofi-Aventis (Paris) says it has completed the previously announced acquisition of consumer healthcare company Chattem (Chattanooga, TN). Sanofi-Aventis had announced last December that...
Dynea reported a €46-million loss for full-year 2009, compared to earnings of €5.6 million including special items in both years. Operating results dropped 83%, to €3.9 million excluding...
Engineering group Maire Tecnimont (Rome) has agreed to acquire the entire share capital of Sofipart S.r.l, a company that controls 76.1% of KTI Management, which, in turn, owns 75% of Technip KTI S.p.A, an international process engineering company based in...
Abbott Laboratories (Abbott Park, IL) says it has entered into a definitive agreement with biotechnology company Facet Biotech (Redwood City, CA), to acquire Facet Biotech for $27/share in cash, for a total transaction value of about $450 million. The...
Terra Industries says it has accepted CF Industries' $47.40/share offer, which was made on March 2. The offer values Terra at about $4.72 billion. Terra has informed Yara International, which offered to buy the company for $41.1/share last month, that...
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