Announced
Financials
Tags
Private
hydrocarbons
Majority
Friendly
Acquisition
Specialty Chemicals
Domestic
Single Bidder
specialty monomers
Pending
India
Synopsis
Shiva Group, a chemical group, agreed to acquire a 61.19% stake in INEOS Styrolution India from INEOS Styrolution, a styrenics manufacturer, for $132m. "The business continues in Shiva Performance Materials' experienced hands, serving the existing customer base and seeking future growth potential to enhance the Company's current position in the Indian market," Steve Harrington, INEOS CEO.
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