Advertisement

If you have an ACS member number, please enter it here so we can link this account to your membership. (optional)

ACS values your privacy. By submitting your information, you are gaining access to C&EN and subscribing to our weekly newsletter. We use the information you provide to make your reading experience better, and we will never sell your data to third party members.

ENJOY UNLIMITED ACCES TO C&EN

Business

Mitsubishi Chemical Seeks Plastics Arm

February 19, 2007 | A version of this story appeared in Volume 85, Issue 8

Mitsubishi Chemical has offered to purchase the 48% of Mitsubishi Plastics that it doesn't already own for $345 million. The shares that Mitsubishi Chemical is aiming to buy are listed on the Tokyo and Osaka, Japan, stock exchanges. Its offer represents a 22% premium over Mitsubishi Plastics' average share price in the three months up to Feb. 7. If the offer is successful, the two companies will fully integrate their operations.

Article:

This article has been sent to the following recipient:

0 /1 FREE ARTICLES LEFT THIS MONTH Remaining
Chemistry matters. Join us to get the news you need.