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Execution of merger at risk due to increased uncertainty of securing two-thirds majority by Clariant shareholders.
October 27, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
Clariant and Huntsman Corporation jointly announced that they have mutually terminated their proposed merger of equals. The decision was unanimously approved by the Boards of Directors of Clariant and Huntsman. In a joint statement, Peter R. Huntsman, president and CEO of Huntsman, and Hariolf Kottmann, CEO of Clariant, stated: “We remain convinced that the proposed merger of equals as agreed to on May 21, 2017, would have been in the long-term best interests of all of our shareholders. Howe...
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