IHS Chemical Week

People & Business :: M&A

Solvay to Sell Its Stake in Plastic Pipe Firm to Wienerberger

11:48 AM MST | February 16, 2012 | Sotirios Frantzanas

Solvay says it has agreed  to sell its 50% stake in polyvinyl chloride pipe systems supplier Pipelife (Vienna) to Wienerberger (Vienna). Solvay will receive €172 million ($224 million) in cash for its shares, including a dividend of €10 million, under the terms of the agreement. Solvay expects the enterprise value of the deal to be about €257 million, by taking into account assumption of liabilities such as pensions and other debt-like items of about €85 million, the company says. The deal is subject to antitrust...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers

 

 

 













 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2014 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa