Volume 89 Issue 22 | p. 26 | Concentrates
Issue Date: May 30, 2011

Big Chemical Mergers On Track To Rise

Department: Business
Keywords: mergers and acquisitions, China, private equity

Deal-making activity in the first quarter of 2011 suggests that chemical companies will move quickly to close deals this year and that many acquisitions will have price tags of more than $1 billion. PricewaterhouseCoo pers, an accounting and advisory services firm, reports that the number of announced chemical deals dropped 16% compared with the first quarter of last year but that the number of deals worth more than $1 billion shot up to 35 . . .

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