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August 2, 2011
By: DAVID SAVASTANO
Editor, Ink World Magazine
Ashland Inc. and International Specialty Products Inc. (ISP) announced that Ashland has agreed to acquire privately owned ISP, a global specialty chemical manufacturer of innovative functional ingredients and technologies. Under the terms of the stock purchase agreement, Ashland will pay approximately $3.2 billion for the business in an all-cash transaction. At closing, ISP’s advanced product portfolio will expand Ashland’s position in high-growth markets such as personal care, pharmaceuti...
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