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European companies
Swiss chemicals groups hit crossroads
...Jürg Witmer, Clariant’s new chairman and the man behind Mr Secher’s ousting, says Mr Kottmann, formerly at Hoechst, Celanese and SGL Carbon, has the experience to boost performance and innovation....
September 8, 2008
IPOs
Blackstone rethinks Celanese IPO
...An IPO at $19-$21 a share would have valued the group, formerly part of Hoechst of Germany, at a premium to similar companies in the chemicals sector....
January 21, 2005
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
Mergers & Acquisitions
European Comment: Back to the old silk route
...Celanese, the Hoechst spin-off, eventually focused on speciality chemicals and was sold to Blackstone, but only after years of disposals, acquisitions and cost cuts. Mr Heitmann faces handicaps....
November 17, 2004
European companies
Bayer unit faces an uphill struggle
...Analysts would love tosee chief executive Axel Heitmann pull off thetype of restructuring that was executed at fellow German chemicals company Celanese, which was spun off from Hoechst in 1999....
September 5, 2004

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