25 September 2009 22:01 [Source: ICIS news]
HOUSTON (ICIS news)--Huntsman and Tronox have filed for US anti-monopoly approval in connection with the $415m (€282m) stalking horse bid for several Tronox titanium dioxide (TiO2) plants, Huntsman said on Friday.
Last week, a ?xml:namespace>
Tronox will then seek the court’s approval for the sale of the assets to Huntsman or any other successful bidder at a 10 December sale hearing, it said.
If approved, the sale would likely close within the following 30-45 days, Tronox spokesman Robert Gibney said.
($1 = €0.68)
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.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|