RP-Sanjiv Goenka Group to acquire Aquapharm Chemicals for $455m.

RP-Sanjiv Goenka Group, an industrial and services conglomerate, agreed to acquire Aquapharm Chemicals, a chemical manufacturer, for $455m. PCBL, earlier known as Phillips Carbon Black, expects to finance the deal through a mix of internal accruals and external fundraising, the company told stock exchanges after the share-purchase agreement was signed on 28 November. The acquisition is expected to be completed in two to three months.