China in auto power play
It might not shake up the industry just yet, but China's interest in Volvo and Saab is the start of something big in global autos, writes columnist Wei Gu. Commentary
Altana to buy Rockwood: report
FRANKFURT (Reuters) - Germany's Altana (ALTG.DE) wants to buy U.S. specialty chemicals group Rockwood Holdings (ROC.N) for 4 billion euros ($6.2 billion), a German magazine said on Friday.
Manager Magazin reported in its online edition that Altana had declined to comment beyond saying that acquisitions were part of its strategy.
Altana was not immediately available for comment.
Rockwood is 80 percent owned by private equity investor KKR, the magazine said.
