TITLE

Bluestar to buy for Rhodia arm

AUTHOR(S)
Gibson, Jane
PUB. DATE
October 2006
SOURCE
ICIS Chemical Business;10/30/2006, Vol. 1 Issue 41, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the sale of Rhodia's silicones arm to China National BlueStar. The company did not disclose the sale price, but said it was based on an enterprise value of €400m, representing more than seven times recurring earnings before interest, tax, depreciation and amortization. The business posted sales of €417m in 2005.
ACCESSION #
23132792

 

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