IHS Chemical Week

Regions :: North America

FTC Extends Review of Hexion-Huntsman Deal

3:23 PM MST | February 4, 2008 | Kerri Walsh

The U.S. Federal Trade Commission (FTC) says it needs more time to review Hexion’s proposed merger with Huntsman. The merger, as a result, is not expected to close before May 3, the companies say. Hexion says it has given notice to Huntsman that on April 5 it will exercise an option to extend the termination date for 90 days, making the last possible termination date under the merger agreement July 4. Hexion will have to pay Huntsman an 8% premium to its $28/share offer price if the merger occurs after April 5, under terms of the deal. Hexion will pay...

This information is only available to Chemical Week subscribers.


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

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © 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