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Rockwood Holdings, Inc Enters Into Definitive Agreement With Huntsman Corporation to Sell Its Titanium Dioxide Pigments And Other Non-Strategic Businesses


Tuesday, 17 Sep 2013 06:00am EDT 

Rockwood Holdings, Inc announced that it has entered into a definitive agreement to sell its Titanium Dioxide Pigments and four other non-strategic businesses to Huntsman Corporation, a global specialty chemical company, for an enterprise value of $1.325 billion, including the assumption of $225 million in pension obligations, and subject to other customary adjustments. This transaction is expected to close during the first half of 2014, following receipt of regulatory approvals. 

Company Quote

28.19
-0.24 -0.84%
19 Sep 2014