IHS Chemical Week

Chemical Week Magazine :: Business & Finance :: United States/Americas

Hedge Funds Prod Hexion to Close Huntsman Acquisition

12:37 PM MDT | September 8, 2008 | Robert Westervelt

A group of Huntsman shareholders has pledged $500 million in financing in a bid to force Hexion Specialty Chemicals to complete a $10.6-billion acquisition of Huntsman. Hexion, owned by private equity firm Apollo Management (New York), has rejected the offer and says it is still seeking to “terminate the deal.” Hexion filed a lawsuit in June seeking to end its obligation to complete the deal, saying that Huntsman’s weakened financial condition would render a combined Hexion-Huntsman insolvent and that Hexion’s lenders were not likely to...

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 member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 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

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.


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

ihsCopyright © 2015 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