TITLE

Cabot Corporation to Expand Portfolio with Purchase of Norit N.V

PUB. DATE
July 2012
SOURCE
CoatingsTech;Jul2012, Vol. 9 Issue 7, p13
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article focuses on the portfolio expansion of Cabot Corp. through its acquisition of Norit N.V. It says that the company will purchase Norit from affiliates of Doughty Hanson and Co. Managers Ltd. and Euroland Investments B. V. amounting to 1.1 billion dollars to strengthen its specialty chemical portfolio. Meanwhile, Norit's chief executive officer Ronald Thompson will continue to run the business.
ACCESSION #
78021580

 

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