Clariant: latest news - GoINPHARMA
Monday, 19 November 2018 - 23:02

Clariant

Sabic purchases 25% in Clariant

Investor White Tale has sold its stake in Clariant to Saudi Arabia-based group Sabic, which becomes the largest shareholder of the Swiss group with approximately 25% of shares, currently worth about CHF2.3bn. Importantly, Sabic and Clariant are already partners in…

Part of Clariant’s investors try to block merger with Huntsman

The Corvex Management hedge fund, led by Keith Meister, and the 40 North fund, owned by US-based Standard Industries increased their stake in the chemical group Clariant up to 7.2%. The decision addresses the intention of blocking the $20bn merger…

Layoffs planned following Clariant-Huntsman merger

German economic and financial weekly WirtschaftsWoche commented on the Clariant-Huntsman merger agreement, which created a specialty chemicals giant worth $13.2bn. Clariant CEO Hariolf Kottmann, who will chair the new group, already gave several hints at the next steps to be…

Huntsman and Clariant merge and create nearly 14-billion-dollar group

Huntsman Corporation and Swiss-based Clariant today jointly announced a merger of equals through an all-stock transaction, creating a company named HuntsmanClariant, with sales of approximately $13.2bn, an EBITDA of $2.3bn and 32,000 employees. As part of the agreement, Clariant’s shareholders…

Clariant keeps growing and is increasingly efficient

Switzerland-based multinational Clariant improved its profitability in 2016 (+16%) thanks to a strict price-cut program and an increase in the sales of specialty chemicals. Thus, it has proposed a 12% dividend increase. Sales increased by 2% (constant currencies) to CHF5.84bn…

Clariant operating in mining business: two new M&A deals announced

Switzerland-based multinational Clariant announced today before markets (Zürich) opened that it has acquired the Australia-based Chemical & Mining Services, Pty. Ltd. The Australian company is specialized in manufacturing and marketing chemicals for the mining industry and operates primarily in Australia….