LANXESS AG (LXSG.DE)
19 Sep 2018
FRANKFURT Lanxess Chief Executive Matthias Zachert is not available to become CEO of Thyssenkrupp , a source familiar with the matter said, ending speculation that he could replace interim CEO Guido Kerkhoff.
* Shortens list of potential candidates (Adds context on CEO search, Thyssenkrupp)
Aug 8 The following bids, mergers, acquisitions and disposals were reported by 1500 GMT on Wednesday:
FRANKFURT/DUBAI Germany's Lanxess is selling its 50 percent stake in synthetic-rubber maker Arlanxeo to partner Saudi Aramco for around 1.4 billion euros ($1.6 billion) in cash in a deal it said will give it more flexibility to grow.
* Aramco looks to expand its downstream portfolio (Releads, adds CEO statement, use of proceeds, Aramco statement)
FRANKFURT Germany's Lanxess raised its forecast for full-year earnings after higher product prices and cost cuts linked to the takeover of specialty additives maker Chemtura bolstered second-quarter results.
FRANKFURT, July 17 The following are some of the factors that may move German stocks on Tuesday:
FRANKFURT, July 12 Lanxess's water treatment business has attracted the interest of potential buyers since the German chemicals group put the unit on the block to streamline its portfolio, people close to the matter said.
BERLIN/FRANKFURT, May 15 The following are some of the factors that may move German stocks on Tuesday:
MILAN European shares bounced back on Friday as a flurry of good company results rolled in, although the heavyweight banking sector was left behind following poor updates from HSBC , BNP Paribas and Societe Generale . | Video