Industry News, Mergers and Acquisitions, Suppliers News

Stockholders Approve Chemtura Merger Agreement with LANXESS

Chemtura’s additive segments, LANXESS’ Rhein Chemie Additives unit, will form new Performance Additives segment.

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

Chemtura Corporation announced that at a special meeting of stockholders, Chemtura stockholders voted to approve and adopt the previously announced merger agreement under which LANXESS Deutschland GmbH, a wholly owned subsidiary of LANXESS AG, will acquire all of the outstanding shares of Chemtura common stock for $33.50 per share in cash, without interest.   Approximately 99.88% of the votes cast at the special meeting were in favor of the approval and adoption of the merger agreement, repres...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters