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Chemical Finance Digest, Nov. 14-18
4:14 PM MST | November 21, 2011 | Vincent Valk
Topping the headlines last week, biobased succinic acid maker BioAmber has filed for an IPO worth up to $150 million. The size and stake of the deal, which follows several other biobased chemical IPOs over the past year, has yet to be determined. In M&A news, Michelman has acquired Clariant’s floor polish additives business. Financial details of the transaction were not disclosed. In equity news, aside from the BioAmber IPO, the Cargill Trust has completed its sale of Mosaic shares, with Mosaic buying back 21.3 million shares from the...
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