Tata Chemicals has ruled out the merger of Rallis India with itself for the next six months but said options were open. Mr R. Mukundan, Managing Director, Tata Chemicals, said, “I can assure that we are not...
Tata Chem buys 4 other group cos’ stakes in Rallis
Tata Chemicals has bought out the stakes of four other Tata group companies in Rallis India, and in the process increased its holding to 45.08 per cent. It paid a total of Rs 363.44 crore for acquiring the 35.68 per...
Tata Chem to buy out other Rallis India promoters
Tata Chemicals Ltd, a Tata group entity, plans to buy out the other promoters in group company Rallis India. Tata Chemicals has a 9.40 per cent stake in Rallis India as on June 30, 2009. In a communication to the stock...
Dorf Ketal acquires Sanmar unit
Dorf Ketal Chemicals has acquired Intec business from Sanmar Specialty Chemicals Ltd. Intec is leading player in organic titanates, poly vinyl formal and poly isocyanates, and has its manufacturing unit in Dadra. Dorf...
Lanxess acquires Gwalior Chemical for Rs 536cr
European specialty chemical major Lanxess has acquired the chemical and wind power assets of Mumbai based specialty chemical manufacturer Gwalior Chemical Industries for an aggregate value of 82.4 million euros (Rs 536...
Lanxess India to acquire assets of Gwalior Chem for Rs 536 cr
Specialty chemicals company Lanxess India Pvt Ltd is set to acquire the chemical businesses and some assets of Gwalior Chemical Industries Ltd for Rs 536 crore (€82.4 million), a cost that includes debt of Rs 156...
Eurazeo in Advanced Talks to Acquire Novacap From Ardian
Eurazeo is in exclusive talks to acquire a majority stake in Novacap from Ardian in what would be the French private equity firm’s first investment in a chemicals company. Talks are over a majority stake in Lyon-based...
Wilbur Ross to buy Nexeo from TPG for $1.6 billion
Billionaire investor Wilbur Ross has reached a deal to buy Nexeo Solutions Holdings LLC, a distributor of plastic resins and chemicals, for roughly $1.6 billion, including debt, a person familiar with the matter told...
Dupont forms joint integration management office team with Dow
Dow and Dupont have formed joint integration management office team to run the integration process across two companies Source text: 1.usa.gov/1Wultgd Further company coverage:
Blackstone and Carlyle in talks to pick Indfrag stake.
After the successful IPO of SH Kelkar, fragrance companies have become the flavour of the season. Bulge bracket private equity funds, including Blackstone and Carlyle, are in talks with Bengaluru-based fragrance and...
Dow Chemical and DuPont in merger talks: sources
Dow Chemical Co (DOW.N) and DuPont (DD.N) are in talks to merge, creating a chemicals giant with a market value of more than $120 billion that could then break up into different businesses, people familiar with the...
