Broker Center sponsored links

Altana to buy Rockwood: report

Fri Mar 7, 2008 8:47am EST
 
Email | Print | | Reprints | Single Page
[-] Text [+]

FRANKFURT (Reuters) - Germany's Altana (ALTG.DE: Quote, Profile, Research, Stock Buzz) wants to buy U.S. specialty chemicals group Rockwood Holdings (ROC.N: Quote, Profile, Research, Stock Buzz) 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.

 

Help us advance this story. Provide relevant links or share your insights using our comment box. Please be considerate and help us by reporting any abuse you find. Reuters will delete comments that don't meet community standards.

Have a correction to this article? Email the editors

Featured Broker sponsored link

Editor's Choice

  • Pictures
  • Video
  • Articles
Photo

A selection of our best photos from the past 24 hours.  View Slideshow 

Most Popular on Reuters

  • Articles
  • Video
  • Recommended