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...In 2012, Cabot Corporation bought Netherlands-based Norit Corporation for $1.1bn, while in the same year Eastman Chemical paid $4.8bn in cash and shares for Solutia....
...On Friday Eastman Chemical highlighted how cheaply it raised the $3.5bn it needed to buy Solutia, the speciality materials company, paying an expected after-tax rate of about 3 per cent for a mix of five...
...For Eastman, the move to buy Solutia is a long term bet on EM growth....
...The banks have agreed with Solutia to file a response this week and begin trial February 21....
...But when Solutia went into default, this “pass the parcel” process went wrong: Deutsche Bank could not get its hands on actual Solutia bonds in time – partly, according to court documents, because it did...
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