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Kemira Oyj to acquire Akzo Nobel NV paper chemicals business

Tuesday, 8 Jul 2014 02:01am EDT 

Kemira Oyj:Announces that it has reached a preliminary agreement to acquire Akzo Nobel NV's paper chemicals business.The parties will also enter into a distribution agreement for Akzo Nobel NV's colloidal silica business for retention and drainage applications for the paper industry.The closing of the intended transaction is expected in the first quarter of 2015 and is subject to customary closing conditions, including completion of employee consultation proceedings and approvals of competition authorities in certain countries. 

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-0.635 -2.69%
27 May 2016