Chemtura to sell PVC business to private-equity firm

12/23/2009 | ICIS News (U.K.)

Specialty chemicals maker Chemtura said it will sell its polyvinyl chloride additives business to SK Capital Partners through a stalking-horse bid worth between $36 million and $47 million. The sale, still subject to court approval, "is the most certain way" for the company and the shareholders "to maximize the value of the PVC additives business," said Chemtura CEO Craig Rogerson.

View Full Article in:

ICIS News (U.K.)

Published in Brief: