Huntsman and Clariant to merge with all-stock transaction

摘要

Huntsman Corporation and Clariant announced that their Boards of Directors unanimously approved a definitive agreement to combine in a merger of equals through an all-stock transaction. The merged company will be named Huntsman Clariant. On a pro forma 2016 basis, the combination of both companies will create a leading global specialty chemical company with sales of approximately US$13.2 bln, an adjusted EBITDAof US$2.3 bln and a combined enterprise value of approximately US$20 bln at announcement.