Mergers/Acquisitions
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Announcements and updates regarding merger and acquisition activities.

ARTICLES

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Barentz to Acquire Maroon Group

The terms of the acquisition, which is expected to close this quarter, were not disclosed.
October 19, 2020
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Barentz International has entered into a definitive, written agreement to acquire Maroon Group.
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Covestro to Acquire DSM’s Coating Resins Business

Covestro agreed to a purchase price of approximately €1.6 billion (~ $1.9 billion), which will be financed through a combination of equity and debt instruments.
October 5, 2020
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Covestro recently announced that it has signed an agreement to acquire the Resins and Functional Materials business (RFM) of Royal DSM.
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Dow Outlines Details of Restructuring Program

Dow is implementing a restructuring program to reduce its global workforce costs by approximately 6% and to rationalize certain manufacturing assets.
October 1, 2020
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Dow Inc. recently outlined a series of actions it will take in an effort to achieve structural cost improvement targets as the global economy recovers from the coronavirus pandemic.


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Bostik to Acquire Italy-Based Ideal Work

Founded in 1997, Ideal Work reportedly has annual sales of around €10 million (approximately $11.6 million) and employs 25 people.
September 30, 2020
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Arkema recently announced that Bostik will reinforce its range of flooring products with the planned acquisition of Ideal Work, an Italian company specialized in added-value decorative flooring technologies.
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Nynas Undergoes Ownership Change

The ownership change is an important step in Nynas’ ongoing company reorganization.
September 23, 2020
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Neste recently announced that it has sold its entire shareholding in Nynas to Bitumina, a global bitumen company active in more than 100 countries.
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