Tata ChemicalsBSE 0.49 % on Thursday said it has cancelled the transaction related to acquisition of Unnati Inorganics Private Ltd’s precipitated silica operation due to “non-fulfilment of certain...
Indorama in talks to buy Tata Chemicals’ Haldia unit
Indonesia-based Indorama Corp., led by the S.P. Lohia family, is in advanced talks to acquire the Haldia fertilizer unit of Tata Chemicals Ltd for upwards of Rs1,000 crore, two people aware of the development said...
Govt raises Rs535 crore from NFL share sale
The government’s 15% stake sale in National Fertilizers Ltd (NFL) Thursday fetched Rs535 crore to the exchequer, with over-subscription from both retail and institutional investors. The two-day offer for sale (OFS)...
Canada allows Dow, Dupont merger after firms agree to sell assets
Canada’s Competition Bureau said on Tuesday it would allow a planned merger between DuPont (DD.N) and Dow Chemical Co (DOW.N) after both firms agreed to dispose of some assets. The announcement is similar to those...
Dow, DuPont merger wins U.S. antitrust approval with conditions
DuPont (DD.N) and Dow Chemical Co (DOW.N) have won U.S. antitrust approval to merge on condition that the companies sell certain crop protection products and other assets, according to a court filing on Thursday. The...
Jindal Poly Films in talks to acquire European operations of DuPont Teijin Films
India’s largest polyester-based packaging film company Jindal Poly FilmsBSE 15.11 % is in advanced negotiations to acquire the European operations of DuPont Teijin Films (DTF) for Rs 2,000 crore ($300 million)...
Bank of China main backer as ChemChina raises $20 billion for Syngenta deal
ChemChina has raised $20 billion mainly in perpetual bonds to finance its purchase of Swiss seeds firm Syngenta (SYNN.S), with Bank of China becoming the single largest investor providing half of that funding, according...
Sinochem no longer pursuing stake buy in Noble Group: sources
China’s state-owned Sinochem is no longer pursuing an investment in Noble Group Ltd (NOBG.SI) due to concerns over the finances and business outlook of the loss-making commodity trader, three sources familiar with...
Long seen as partners, Huntsman and Clariant seal $14 billion merger
U.S.-based Huntsman Corp (HUN.N) and Switzerland’s Clariant AG (CLN.S) are combining to create a chemical manufacturer with a market value of about $14 billion, the deal coming together after years of tentative...
Chemical groups Huntsman, Clariant set to announce merger: sources
Huntsman Corp (HUN.N) and Clariant AG (CLN.S) are set to announce their merger on Monday, creating a chemical manufacturer with a market value of more than $14 billion, people familiar with the matter said on Sunday...
Dow merger with DuPont gets conditional approval in Brazil
Brazil approved the planned merger of Dow Chemical Co (DOW.N) and DuPont (DD.N) on Wednesday, conditioned on a global divestment plan including its Brazilian corn seed business. The board of antitrust agency Cade...
Tata Chemicals to acquire silica operation
Tata ChemicalsBSE -0.44 % on Wednesday said it has signed a business transfer agreement with specialty inorganic materials producer Unnati Inorganics to acquire its undertaking of precipitated silica operation...
