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Nihon Nohyaku to acquire Hyderabad Chemical

5:14 AM MST | November 27, 2014 | Natasha Alperowicz

Nihon Nohyaku (Tokyo), a producer of agricultural chemicals, wood preservatives, pharma and veterinary products is to acquire Hyderabad Chemical Ltd. (Hyderabad, India), maker of crop protection chemicals. Nihon Nohyaku informed the Tokyo Stock Exchange today...


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US approves GSK-Novartis vaccines and consumer healthcare deals

The US Federal Trade Commission (FTC) voted on Wednesday to approve GlaxoSmithKline’s (GSK) proposed acquisition of Novartis's vaccines business, excluding influenza vaccines, together with the proposed creation of a consumer healthcare joint venture...

Samsung to sell subsidiaries, including chemicals, to Hanwha Group

Samsung Group (Seoul) said on Wednesday that it will sell four chemical and defense subsidiaries to Hanwha Group (Seoul) in a deal worth 1.9 trillion South Korean won ($1.72 billion). Samsung informed the Korea Stock Exchange that it will sell its defense...

Lubrizol to acquire Warwick Chemicals

Lubrizol has signed an agreement to purchase Warwick Chemicals (Mostyn, UK), a maker of tetra acetyl ethylene diamine (TAED), a bleach activator used primarily in laundry detergents. Financial terms  were not disclosed. The transaction also includes...

Albemarle closes on Rockwood acquisition financing

Albemarle says it has closed on $1.025 billion in new, unsecured, bonds, the proceeds of which will mostly go wards financing the acquisition of Rockwood. The bonds consist of a $250 million tranche due in 2019 with a 3% interest rate; a 4.15%, $425-million...

Report: FMC mandates Bank of America and Goldman Sachs with sale of alkali chemicals unit

FMC Corp has sought out the services of Bank of American and Goldman Sachs to assist with the sale of its alkali chemicals unit, which could amount to $1.5 billion, according to a Reuters report. FMC confirmed the bank mandates to Reuters. The company...

BASF divests medium concentrated omega-3 plant in Norway

BASF has signed an agreement to sell its manufacturing facility for natural fish oils, medium concentrated omega-3s, and customized bottled fish oil at Brattvåg, Norway, to Marine Ingredients (Mount Bethel, PA). The transaction is expected to closed in...

W.R. Grace buys out Turkish partner in construction products jv

W.R. Grace & Co. (Columbia, MD) has entered into definitive agreements to acquire the remaining 50% stake in Grace Yapı Kimyasalları (Istanbul), the joint venture it formed with STFA Yatırım Holding (Istanbul) in 1996, Grace announced. The transaction...

Samsung Engineering and Samsung Heavy Industries call off merger plan

Samsung Engineering and fellow Samsung Group unit, Samsung Heavy Industries told the Korea Exchange today that they have called off their $2.5 billion merger due to shareholder opposition. The deal would have been one of the largest in the engineering &...

BASF completes divestment of 50% stake in Styrolution to Ineos

BASF has completed the sale of its 50% share in Styrolution to its partner, Ineos. Relevant merger control approvals have been granted. Styrolution was founded in October 2011 as a 50-50 styrenics joint venture between BASF and Ineos. The purchase price for...

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