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September 2016

Lanxess Is Buying Chemtura for About $2.7 Billion

Lanxess AG lnxsf said on Sunday it would buy specialty chemical company Chemtura chmt for about $2.12 billion in cash to improve the German company's additives business. Lanxess's offer of $33.50 for each Chemtura share, represents a premium of about 19% to the Philadelphia-based company's close on Friday. The world's…
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