Hints and tips:
...Berkshire knows parts of the company, having held Great Lakes Chemical Corp stock in the early noughties. Great Lakes merged to form Chemtura, which Lanxess acquired in April....
...Chemtura’s sales, adjusted for disposals, are broadly flat over the same period....
...Chemtura — which has its headquarters in Philadelphia, Pennsylvania — has 2,500 employees at 20 sites in 11 countries....
...Lanxess, the German chemicals company spun out of Bayer in 2005, are bucking slides in European markets in early trading on Monday, rising more than 6 per cent after it agreed a €2.4bn deal for US rival Chemtura...
...In December 2010, the regulator issued a formal warning to Chemtura Corp and Chemtura Manufacturing UK that it was considering seeking a Financial Support Direction to force contributions to the underfunded...
...The US’s Chemtura blew the whistle to the regulators and so receives immunity. But the Treuhand penalty marks the first significant fine for cartel consultancy services....
...Activist investor Nelson Peltz disclosed earlier this month that his fund held 9m Chemtura shares....
...Chemtura and Rockwood of the US, two companies now controlled or influenced by financial sponsors, are also prominent, as, to a lesser extent, is Germany’s Altana....
...Chemtura shares were up 8.9 per cent at $8.49....
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