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Chemical Finance Digest, July 9
3:09 PM MDT | July 9, 2012 | Vincent Valk
Topping the headlines last week, Linde will acquire Lincare, a U.S. homecare health company, for $4.6 billion, or $41.50/share. Lincare, which grew out of Linde’s homecare medical systems division nearly a century ago, is a leader in the respiratory homecare industry. It had sales of $1.84 billion in 2011. Eastman has completed its $4.8 billion acquisition of Solutia. Eastman will align itself into five segments in light of the deal’s closure: additives and functional products, adhesives and plasticizers, advanced materials, fibers, and...
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