Sponsored Links

Bernanke suggests Fed not ready to pull back on stimulus

WASHINGTON - The Federal Reserve's monetary stimulus is helping the U.S. economy recover but the U.S. central bank needs to see further signs of traction before taking its foot off the gas, Fed Chairman Ben Bernanke said on Wednesday.

» More Business News

Families edging out private equity in consumer deals

LONDON - From ketchup to hot drinks, family-run investment firms are shaking up the consumer deals market, squeezing out private equity players and forcing them to change strategy.

» More Small Business News

China denounces EU airline carbon law, seeks talks

BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.

» More Green Business News

Blackstone, Apollo in talks to buy Chemtura: report

PHILADELPHIA | Mon May 26, 2008 10:44pm EDT

PHILADELPHIA (Reuters) - Blackstone Group (BX.N) and Apollo Management are in talks to buy chemicals company Chemtura Corp (CEM.N), the Wall Street Journal reported on Monday.

The negotiations could fall apart since the parties are still arranging financing and discussing the price tag on the deal, it said.

Chemtura, which has a market capitalization of about $1.9 billion, said in December it was pursuing strategic alternatives.

Apollo, Blackstone and Chemtura could not be immediately reached for comment.

(Reporting by Jessica Hall; Editing by Alan Raybould)

(For more M&A news and our DealZone blog, go to here)
Deals
Global Deals Review: 2011 Q3
Global Deals Review: 2011 Q2
Global Deals Review
Private Capital
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.