TITLE

2008 target for Lanxess buys

AUTHOR(S)
Baker, John
PUB. DATE
March 2007
SOURCE
ICIS Chemical Business;3/26/2007, Vol. 2 Issue 59, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
24684058

 

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