IHS Chemical Week

Services :: Consulting

Chemical Finance Digest, Jan. 23-27

3:43 PM MST | January 30, 2012 | Vincent Valk

Topping the headlines last week, Eastman Chemical will acquire Solutia for $4.7 billion in cash and stock, including assumed debt. The $27.65/share deal values Solutia at a 42% premium over its closing price on January 26. Eastman expects to issue $3.5 billion in debt to finance the deal, along with $700 million in new stock to Solutia shareholders. The combined company will have revenues of about $9 billion/year. Fourth-quarter earnings reports were mixed at diversified and commodity chemical firms, while specialties companies generally beat estimates...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




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