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Regions :: Western Europe :: France
Arkema a Possible Takeover Target for Sabic or DuPont?
4:54 AM MST | December 20, 2011 | Natasha Alperowicz
Sabic and DuPont may separately be interested in acquiring Arkema, following Arkema's recently announced divestment of its money-losing vinyl operations, which continues the company's transformation to a specialty chemicals producer, according to industry speculation. Bloomberg reports today that Arkema is already less expensive as a potential acquisition target than any of its rival industrial chemical producers. “Since losing a third of its market capitalization in the past seven months, Arkema’s combined equity and net debt is now valued at 3.5...
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