NEW YORK(ICIS)--UK-based titanium dioxide(TiO2)producer Venator Materials may attract bidders following Huntsman's announced sale of its remaining stake in the company to private equity firm SK Capital.Huntsman has agreed to sell around 42.5m shares of Venator to SK Capital for around $100m in cash(around $2.35/share),with a 30-month option for the sale of the remaining 9.5m shares it will hold at $2.15 per share,in a deal expected to close near the end of 2020.Shares of Venator swung from an opening high of $2.30,to a low of $2.01 before closing at $2.13 on 31 August.
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