Pace of Mergers Slows in Third Quarter | Chemical & Engineering News
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Web Date: November 1, 2011

Pace of Mergers Slows in Third Quarter

Deal Making: A few large acquisitions reflect cash stockpiles, but total number of deals declined
Department: Business
Keywords: mergers, acquisitions, third quarter

The number and value of chemical acquisitions worth more than $50 million has declined significantly from early in 2011. There were 22 deals made in the third quarter, down from 31 in the second quarter and 33 in the first quarter of this year, according to a report by consulting firm PricewaterhouseCoopers (PwC).

The total value of deals has also declined. In the third quarter, combined deal value was up slightly to $16.0 . . .

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