Huntsman shareholders to vote on merger 16 Oct
24 August 2007 22:57 [Source: ICIS news]
HOUSTON (ICIS news)--US chemical company Huntsman said on Friday that its shareholders will meet on 16 October to vote on a merger agreement with Hexion Specialty Chemicals.
Already, MatlinPatterson, the Huntsman family and a Huntsman charitable trust have agreed to approve the transaction, and those groups own 57% of the company's shares.
Huntsman's board of directors accepted Hexion's $10.6bn (€7.8bn) offer on 12 July.
($1.00 = €0.74)By: Al Greenwood
+1 713 525 2653
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
Links posted in this story:
|
|
Related Articles
- 05 Oct 07 15:40 US Trade Commission request delays Hexion deal
- 21 Sep 07 14:41 Huntsman, shareholders to settle takeover lawsuits
- 05 Sep 07 15:07 Huntsman's Russia JV looks to be market leader
- 17 Aug 07 16:49 Global chemical M&A activity surges in 2007
- 08 Aug 07 18:26 Global chems complete $15bn in deals in H1 2007
- 04 Jul 07 17:22 INSIGHT: Hexion sees Huntsman as hot property
- 03 Aug 07 19:15 Deal delay likely reason for Huntsman stock sale
- 02 Aug 07 23:26 US equity firm to sell 57m Huntsman shares
Latest News
- 25 Nov 09 05:30 In Wednesday's Europe papers
- 25 Nov 09 05:12 Asia PX hits $1,100/t; bullish market may extend until mid Dec
- 25 Nov 09 05:00 In Wednesday's Middle East papers
- 25 Nov 09 05:00 VIDEO - ICIS news Asia Lunchtime Bulletin 25 November 2009
- 25 Nov 09 05:00 In Wednesday's South Asia papers
Barbara Ortner looks at the off-beat and unusual side of chemical industry life.
ICIS Chemicals Confidential