TITLE

DWORY IN LEAD FOR KAUCUK PURCHASE

AUTHOR(S)
Robinson, Simon
PUB. DATE
July 2006
SOURCE
ICIS Chemical Business;7/24/2006, Vol. 1 Issue 29, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports that Polish synthetic rubber maker Dwory has been selected for exclusive negotiations to buy Czech rival Kaucuk. Unipetrol, Kaucuk's parent company, said Dwory's bid has beaten offers from Poland's Ciech chemicals and international investment group Mid Europa Partners. The Association of Unipetrol Minority Shareholders claimed that Dwory had close links with Unipetrors owner, PKN Orlen, and said it would consider legal action against Unipetrol if it believed Kaucuk was being sold below fair market value.
ACCESSION #
21855409

 

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