IHS Chemical Week

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

Private Equity Firms to Acquire TPC Group for $850 Million

5:34 AM MDT | August 31, 2012 | —Natasha Alperowicz and Robert Westervelt

McDonnell: Butadiene maker seeks to go private. Private equity firms First Reserve (Houston) and SK Capital Partners (New York) have reached an agreement to acquire TPC Group in a deal valued at $850 million, confirming July reports that TPC intended to go private. TPC Group stockholders will receive $40/share, a 20% premium to TPC’s closing stock price on July 24, 2012, the last trading day prior to media reports of a possible acquisition of TPC. The private equity investors say they expect to retain current management. TPC expects to hold a special...

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