Announced
Financials
Sources
Tags
United States
Cross Border
Chemicals: Diversified
Friendly
Completed
Private
soda ash
Acquisition
Majority
Single Bidder
Synopsis
Solvay, a Belgian multinational chemical company, completed the acquisition of the remaining 20% in its soda ash joint venture with AGC, a Japanese global glass manufacturing company, for $120m. "The acquisition of AGC’s stake in the JV simplifies our portfolio and is an attractive opportunity to enhance and further reinforce our business and a future independent EssentialCo," Philippe Kehren, Solvay President of Soda Ash & Derivatives business.
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