Hungarian PVC buy gets the nod

Conroy, Will
November 2006
ICIS Chemical Business;11/13/2006, Vol. 1 Issue 43, p11
Trade Publication
The article reports on the approval of the Hungarian Financial Supervisory Authority (PSzAF) of private equity group Permira's $1.1 billion buyout bid for polyvinyl chloride (PVC) and isocyanates firm BorsodChem. The regulatory body said it was satisfied that the 3,000 forint per share offer was in compliance with all market and acquisition rules. The launching of the buyout process will be conducted by First Chemical Holding, a firm registered by Permira in Hungary.


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