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Lonza chairman denies takeover discussions

2:42 PM MDT | October 29, 2012 | Ian Young

Lonza chairman Rolf Soiron has denied speculation that the company has held acquisition talks with a potential buyer for Lonza. Soiron told Swiss newspaper SonntagsZeitung, in an interview published yesterday, that "there are and were no talks, not to mention negotiations." The speculation is "rumors" and "Lonza should maintain its independence," Soiron is quoted as saying. The speculation last month surrounded possible interest from Sabic or BASF in acquiring Lonza. Lonza appointed Richard Ridinger CEO in May 2012 after firing his...

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