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Acquired for a total of $2.8 billion in cash and assumed debt
December 8, 2014
By: DAVID SAVASTANO
Editor, Ink World Magazine
Eastman Chemical Company announced the completion of its acquisition of Taminco Corporation, a global specialty chemical company, for a total of $2.8 billion in cash and assumed debt. The acquired Taminco businesses are expected to be accretive to 2015 earnings per share by greater than $0.35, excluding acquisition-related costs and charges, and to 2016 earnings per share by greater than $0.60. “We are pleased to complete this transaction and welcome Taminco employees to the global Eastman te...
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