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.


Related Articles

  • UK Pemira courts Borsodchem. Watts, Matt; Gibson, Jane // ICIS Chemical Business Americas;10/2/2006, Vol. 270 Issue 12, p17 

    The article reports the private equity group Permira's bid to acquire Hungary's firm Borsodchem, which manufactures polyvinyl chloride (PVC) and isocyanates. According to KBC Securities, investor scan receive the payments if they accept the offer. Under the option agreements, the group had...

  • UK Pemira courts Borsodchem. Watts, Matt; Gibson, Jane // ICIS Chemical Business Americas;10/2/2006, Vol. 270 Issue 12, p17 

    The article reports the launch of bid by a private equity group, Permira for 3,000 forint (FT) by snapping up Borsodchem, a Hungary- based polyvinyl chloride (PVC) and isocyanates conglomerate. The article also highlights the statement given by KBC securities that offer acceptance by minority...

  • Doc Martens receives buyout offer from Permira.  // Manufacturers' Monthly;Nov2013, p9 

    The article informs that British boot makers Dr. Martens has received a 300 million pounds buyout offer from equity firm Permira Advisers LLP and any purchase will require the owners to pay a separate royalty fee to the brand inventors' families including Dr. Klaus Maertens and Dr. Herbert Funck.

  • Today's Transactions: Permira Purchases Intelligrated. NOTO, ANTHONY // Mergers & Acquisitions Report;8/6/2012, Vol. 25 Issue 32, p4 

    The article reports on the acquisition of Intelligrated by European private equity firm Permira Advisers LLP.

  • EU approves Permira's takeover of Premiere. Gordon, Bonnie J. // Hollywood Reporter -- International Edition;2/18/2003, Vol. 377 Issue 19, p4 

    Reports that European antitrust authorities has approved the takeover of television network Premiere by a Frankfurt, Germany-based private equity company Permira. Percentage of stake to be owned by Permira, Premiere management and Austrian creditor banks after acquisition; Number of subscribers...

  • BORSODCHEM DEVELOPS NEW APPROACH FOR MDI.  // Urethanes Technology International;Feb/Mar2008, Vol. 25 Issue 1, p4 

    The article reports that isocyanate and polyvinyl chloride manufacturer BorsodChem has decided to implement the technology that it has developed to make methylene diphenyl diisocyanate (MDI). BorsodChem will use this approach to debottleneck its MDI plant at Kazincbarcika, Hungary, and lift...

  • Permira Buys Creganna-Tactx Medical. Marino, Jonathan // Mergers & Acquisitions Report;10/11/2010, Vol. 23 Issue 41, p35 

    The article reports on plans by Permira to purchase the majority stake of Creganna-Tactx Medical from Altaris Capital.

  • EUROPE. Conroy, Will; Watts, Matt; Gibson, Jane // ICIS Chemical Business;10/2/2006, Vol. 1 Issue 37, p11 

    The article presents news briefs on the petroleum chemicals industry. Unipetrol IS set to announce a group strategy that should include a polyolefins investment of several billion koruna and possible acquisitions. Degussa plans to spin-off its NCN chemicals business. Private equity group Permira...

  • Permira bids for BorsodChem. Robinson, Simon // ICIS Chemical Business;7/17/2006, Vol. 1 Issue 28, p11 

    The article reports on an offer issued by British-based private equity company Permira for all BorsodChem's shares. Permira is offering Forint3000 per share through Kikkolux. Kikkolux has option agreements with Firthlion, which owns 26 percent of BorsodChem. Permira's long-term plan for...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics