TITLE

Solvay plans to acquire Cytec in $5.5 billion deal

AUTHOR(S)
Esposito, Frank
PUB. DATE
August 2015
SOURCE
Plastics News;8/3/2015, Vol. 27 Issue 20, p0003
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the Brussels, Belgium-based chemicals company Solvay SA plans to acquire the U.S. composite materials company Cytec Industries for about $5.5 billion. It states that the proposed acquisition will give opportunity for the chemicals company to increase its customer offerings. It mentions that Solvay is expecting the acquisition to close in the fourth quarter of 2015.
ACCESSION #
108784809

 

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