Hanwha Chemical unit offers to buy U.S. auto materials maker CSP

Industry:    2016-06-07

South Korea’s Hanwha Chemical Corp (009830.KS) on Tuesday said its unit Hanwha Advanced Materials Corp has submitted a letter of intent to buy U.S.-based automotive materials supplier Continental Structural Plastics (CSP).

The deal could be worth about $600 million, Maeil Business Newspaper reported.

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