Mexichem SAB de CV (MEXCHEM.MX) Key Developments |
United States

Analyst Research

Report Title Price
Provider : ValuEngine, Inc.
Provider : Reuters Investment Profile
Provider : Wright Reports
Provider : GlobalData

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Mexichem SAB de CV agrees to acquire VESTOLIT

Tuesday, 5 Aug 2014 09:56am EDT 

Mexichem SAB de CV:Signs definitive agreement to acquire VESTOLIT GmbH (VESTOLIT), Europe`s PVC manufacturer, from accounts and funds managed by Strategic Value Partners LLC.Says total is 219 mln euros in cash and assumed liabilities, supporting Mexichem's strategy of global growth in high-end specialty products.Acquisition is expected to close in fourth quarter of 2014.At that point, Mexichem will consolidate VESTOLIT under Company's Chlorine Vinyl chain for accounting purposes.