in this issue
Regions :: Western Europe :: France
Arkema Shares Soar on Report of Takeover Approach
1:21 PM MDT | July 6, 2012
The Financial Times’ Alphaville blog reported today that Arkema has received multiple takeover approaches, valuing the company at €5.5 billion ($6.8 billion) or more. The report sent Arkema shares 11% higher, closing at €59.28 on the Euronext Paris stock exchange today. The report follows Arkema’s successful divestment of its loss-making vinyls operations to Klesch group in a deal that closed earlier this week. Arkema could not be reached for comment...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee