in this issue
Chemical Week Magazine :: Viewpoint
Big-Bang Chemical M&A Ends
2:26 PM MDT | June 23, 2008 | Robert Westervelt Robw@Chemweek.Com
The apparent collapse of Hexion Specialty Chemicals’ $10.6-billion bid to acquire Huntsman signals the end of the “big-bang” chemical M&A environment, at least for now. It was only last summer that the mega-deal seemed routine. Activity was fueled by an era of so-called “infinite liquidity,” in which debt was cheap, terms were easy, and deal sizes were limited only by the imagination of eager acquirers and their bankers. From late May till early August, deals valued at greater than $10 billion were announced by Sabic, Apollo...
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