IHS Chemical Week

People & Business :: M&A

Kem One receives 7 letters of interest from potential buyers

1:08 PM MDT | June 17, 2013 | Francinia Protti-Alvarez

Kem One (Lyon, France), the former vinyls business of Arkema, says that seven potential buyers have expressed an interest in acquiring the firm's assets currently in receivership. The company was put into receivership by the commercial court of Lyon in March. The announcement comes at the end of the period for the submission of bids, 14 June, as designated by the commercial court of Lyon, as previously reported. The official receiver, Maître Bruno Sapin, accepted three propositions from investment funds, one from an...

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