2008 target for Lanxess buys

Baker, John
March 2007
ICIS Chemical Business;3/26/2007, Vol. 2 Issue 59, p10
Trade Publication
The article reports that European chemical firm Lanxess has given itself two years until the end of 2008 to look for acquisitions. According to chairman Axel Heitmann, the company is taking such step in its development very seriously. The company said it could easily draw on €1.0-1.5 billion in funding for acquisitions without losing its investment grade rating.


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