Lanxess AG (LXSG.DE)
24 Feb 2017
BRUSSELS, Feb 24 The following are mergers under review by the European Commission and a brief guide to the EU merger process:
FRANKFURT/ZURICH Swiss pesticides and seeds group Syngenta pushed back the expected closure of its agreed $43 billion takeover by ChemChina [CNNCC.UL] to the second quarter of 2017, but said it was making progress in winning regulatory approval for the deal.
* 2016 EBITDA slightly better than expected, no dividend (Add shares, analyst comments)
* Chemtura announces stockholder approval of merger agreement with Lanxess
Jan 10 - The DAX top-30 index looked set to open unchanged on Tuesday, according to premarket data from brokerage Lang & Schwarz at 0743 GMT.
DUBAI State oil company Saudi Aramco aims to almost triple its chemicals production to 34 million metric tons per year by 2030, a senior company executive said on Monday.
DUBAI, Nov 28 State oil company Saudi Aramco aims to almost triple its chemicals production to 34 million metric tons per year by 2030, a senior company executive said on Monday.
* Pushing into specialised materials after rubber stake sale (Ads details on sales volumes in Asia, recent deals)
FRANKFURT Lanxess AG is to buy U.S. speciality chemical company Chemtura for 2.4 billion euros ($2.69 billion) including debt in the German company's largest ever takeover, moving it further away from its main synthetic rubber business.
* Shares rise 8 pct, top gainers on STOXX 600 index (Adds shares, background on Lanxess development, analyst comment)