US Eastman targets growth and earnings in $4.7bn Solutia bid
Filed Under : News by WN.com - America News
Jan.27,2012
LONDON (ICIS)--US headquartered Eastman Chemical has bid to acquire speciality chemicals firm Solutia in a $27.65/share cash and stock offer valued at $4.7bn (€3.6bn), the companies said on Friday. The directors of both firms have supported the transaction which is subject to approval by US-based Solutia's shareholders. The acquisition would broaden geographical reach and...
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