Business Roundup | Chemical & Engineering News
Volume 94 Issue 13 | p. 15
Issue Date: March 28, 2016

Business Roundup

Department: Business

Nexeo Solutions, which calls itself the largest U.S. plastics distributor, is being sold by TPG to an affiliate of the private equity firm WL Ross & Co. for $1.6 billion. TPG, also a private equity firm, acquired Nexeo from Ashland in 2011 for $979 million.

IHS is merging with the financial information provider Markit in a transaction worth about $13 billion. IHS, based in Englewood, Colo., is the largest supplier of market research for the . . .

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