Crompton,Great Lakes to merge

摘要

MIDDLEBURY,CONNECTICUT-Polymer and speciality chemicals producer Crompton Corp.is merging with Great Lakes Chemical Corp.,in a stock-swap transaction valued at US1800 million(euro1400 million),including about US250 million of Great Lakes debt.The new company,to be 51-percent owned by Crompton shareholders,will have combined 2004 revenue of more than US4100 million and market capitalisation of nearly US3200 million,the companies said.