Hints and tips:
...The investor then sold its stake to Saudi Basic Industries Corporation (Sabic), which still owns 31.5 per cent....
...The activists sold their stake to Saudi Basic Industries Corporation, which now owns just over 30 per cent of the speciality chemicals group....
...She was previously chief financial officer of chemicals group Synalloy Corporation....
...Clariant had been planning a combination with Saudi Basic Industries Corporation, its anchor shareholder, which would see the two groups create a joint venture to focus on higher value speciality chemicals...
...Investcorp has added professor Frederick Ma Si-Hang, the former chairman of MTR Corporation, to its advisory board....
...An activist investment group that includes Keith Meister’s Corvex hedge fund has boosted its stake in Clariant to 15.1 per cent as it looks to scuttle a $20bn tie-up with America’s Huntsman Corporation....
...Keith Meister and two other US activist investors have bought a stake in the Swiss chemicals group Clariant in the hope of derailing its $20bn merger with US rival Huntsman Corporation....
...Swiss specialty chemical maker Clariant confirmed it was pursuing a multi-billion dollar cross-border merger with US rival Huntsman Corporation....
...The move by Corvex and 40 North came after it emerged on Monday that Jana Partners, the activist hedge fund, has taken a 5.8 per cent stake in EQT Corporation and is seeking to halt the US energy company...
...Huntsman Corporation of the US and Switzerland’s Clariant on Monday unveiled a $20bn merger, in a move the two speciality chemicals companies hope will create a formidable industry challenger....
...Investors may want to keep an on Switzerland’s Clariant, which has announced a $14bn merger with Huntsman Corporation in a move that will create a major player in the specialty chemicals sector....
...The list of large transactions that has spread through the chemicals sector expanded just last week, with the proposed merger between Switzerland’s Clariant and Huntsman Corporation of the US....
...The parent company of its largest backer, Yitai Capital, is China Venture Capital Fund Corporation Limited, which Chinese state media reported last year has a mandate to “carry out our national strategies...
International Edition