Clariant board stays put as company moves on after failed Huntsman merger - CFO

摘要

LONDON (ICIS)--The collapse in 2017 of Clariant’s plan to merge with US peer Huntsman will not stop the company’s current management team from developing its strategy for coming years, now reinforced by the entrance of SABIC as its largest shareholder, the CFO at the Swiss chemical producer said this week. Patrick Jany (pictured) stressed that the merger with Huntsman announced in May 2017 would have been a good way to take Clariant forward, but “two people” who opposed it managed to orchestrate an operation to cause its derailment.