TITLE

Hexion tops Basell's bid of $9.6bn for Huntsman

PUB. DATE
July 2007
SOURCE
ICIS Chemical Business;7/9/2007, Vol. 2 Issue 74, p61
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the rivals bids for the acquisition of Huntsman Corp. Hexion Specialty Chemicals has offered a new bid that is higher than Basell's offer. But Huntsman Corp. can conclude any merger deal with Hexion Specialty Chemicals only when it terminates the $25.25/share merger deal with Basell. The two companies vie with each other for second place in the global epoxies market behind Dow Chemical.
ACCESSION #
26745934

 

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