Industry News, Suppliers News

Clariant to Update Strategy to Enhance Growth and Value Creation

Includes M&A activities, short-term portfolio management options, potential returns to shareholders.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Clariant announced that its Board of Directors has approved the Executive Committee’s proposal to update Clariant’s strategy in order to further increase value creation. The plan was developed as a consequence of the termination of the intended merger with Huntsman, which was forced by activist shareholders.   The implementation of Clariant’s existing growth strategy as well as further value creation would have been accelerated by the merger with Huntsman. It would have generated more than $3....

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