Tuesday, June 19, 2007

Huntsman eyes Clariant, Ciba takeovers - report

(Reuters) - "The same goes for Ciba," said Huntsman, whose group makes
chemicals used in paints and textiles.




Merger speculation has been swirling around Clariant as well
as cross-town rival Ciba, as specialty chemicals companies have
been hard hit by higher raw material costs and increasing
competition from low-cost producers in Asia.


Read more at Reuters.com Mergers News

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