Clariant Plans Acquisition of Sud-Chemie AG

摘要

Clariant AG is planning the acquisition of a controlling majority in Sud-Chemie AG and has thereto signed a contract with the majority shareholders. As part of the planned transaction, still subject to clearance by competent merger control authorities, Clariant has come to agreements with the majority shareholder One Equity Partners (50.4%) and the family shareholders (approximately 46%). As a result, Clariant will acquire slightly above 95% of the outstanding shares. The shares of One Equity Partners will be bought at a price of EUR 121 (USD168.6) per Sud-Chemie share. The vast majority of the Sud-Chemie family shareholders wilt swap their shares into Clariant shares at a ratio of 1:8.84. The total value of the transaction is EUR2 (USD2.7) billion (CHF 2.5 billion).