Diversified Chemicals

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Toyota Tsusho Corp to fully acquire TOMEN ELECTRONICS CORP and to pay no mid-term dividend for FY 2015

Wednesday, 9 Jul 2014 02:30am EDT

Toyota Tsusho Corp:To acquire 9,677,708 shares of TOMEN ELECTRONICS CORP for 1,650 yen per share (15,968 million yen in total ) through takeover bid.Says Toyota Tsusho to hold a 100 pct stake in TOMEN ELECTRONICS after the takeover bid, up from 40.16 pct.Offering period from July 10 to Aug. 21.Settlement date starts Aug. 28.To pay no mid-term dividend for FY ending March 2015.

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.

Akzo Nobel NV to divest paper chemicals business to Kemira Oyj for 153 million euros

Tuesday, 8 Jul 2014 02:01am EDT

Akzo Nobel NV:Announces the intended sale of its paper chemicals business to Kemira Oyj for 153 million euros.

Mitsubishi Chemical Holdings Corp to acquire shares of TAIYO NIPPON SANSO CORP through tender offer

Tuesday, 13 May 2014 02:00am EDT

Mitsubishi Chemical Holdings Corp:To acquire up to 104,079,476 shares of TAIYO NIPPON SANSO CORP at the price of 1,030 yen per share through tender offer.Set 99,748,549 shares as minimum number of shares to be purchased in tender offer.Holds 116,797,870 shares of TAIYO NIPPON SANSO ( holding ratio of 26.97 pct), including those held indirectly through Mitsubishi Chemical prior to the offer.To hold 51 pct stake in TAIYO NIPPON SANSO after tender offer, together with Mitsubishi Chemical.Acquisition expected to be started since early November.Says TAIYO NIPPON SANSO CORP will continue listing on Tokyo Stock Exchange after acquisition.

Deepak Fertilisers and Petrochemicals Corp Ltd raises open offer price for Mangalore Chemicals and Fertilizers Ltd - Business Standard

Monday, 5 May 2014 01:45pm EDT

Deepak Fertilisers and Petrochemicals Corp Ltd:Has raised open offer price to 63 Indian Rupees per share, aggregating to 1.9412 bln Indian Rupees, for acquiring another 26 pct stake in Mangalore Chemicals and Fertilizers Ltd-Business Standard.

MegaChem Ltd announces on acquisition of assets

Wednesday, 23 Apr 2014 05:26am EDT

MegaChem Ltd:Says its wholly-owned subsidiary C.N. Chemicals Sdn. Bhd. (CNC) enters into sale and purchase agreement to purchase a piece of Land on April 08 from NPO Land Sdn Bhd (Vendor).Purchase Price is 8,311,509 ringgit.Under the terms, 831,151 ringgit paid upon signing of sale and purchase agreement.Balance of 7,480,358 ringgit will be in progressive payments until delivery of vacant possession.

Deepak Fertilisers and Petrochemicals Corp Ltd's SCM Soilfert acquires Mangalore Chemicals and Fertilisers

Tuesday, 22 Apr 2014 11:54pm EDT

Mangalore Chemicals and Fertilisers Ltd:Open offer for acquisition of up to 30,813,939 equity shares of Mangalore Chemicals & Fertilizers Limited by SCM Soilfert Ltd and Deepak Fertilisers And Petrochemicals Corporation Ltd.Offer price is 61.75 Indian rupees per share aggregating to 1,90,27,60,733.25 Indian rupees.Says acquire up to 30,813,939 fully paid up equity shares of face value of 10 indian rupees each of the Mangalore Chemicals & Fertilizers Limited constituting 26.0 pct of the voting share capital of the company.

Rolfes Holdings Ltd acquires Agchem Properties

Tuesday, 18 Mar 2014 02:00am EDT

Rolfes Holdings Ltd:Enters into an agreement in which Rolfes will acquire entire issued share capital in Agchem Properties together with any claims which the sellers have against Agchem Properties.Terms were not disclosed.


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