Manufacturing Industry
Huntsman, ICI agree to terms for buyout of Huntsman International stake. (Industry News).(Huntsman Specialty Chemicals Corp. and Imperial Chemical Industries PLC)(Brief Article)
Adhesives & Sealants Industry, March, 2002
EVERBERG, Belgium -- Huntsman Specialty Chemicals Corp. (HSCC), a wholly owned subsidiary of Huntsman Corp., announced that it has agreed to terms with Imperial Chemical Industries (ICI) to purchase ICI's 30-percent equity stake in Huntsman International Holdings.
Under terms of the agreement, the basic purchase price remains approximately $365 million ([pounds sterling]250 million), as originally announced in November 2000, together with an amount equivalent to interest from December 2001 until completion. The purchase price is payable in the third quarter of 2003.
Peter R. Huntsman, president and CEO of Huntsman Corp., stated, "We appreciate our association with ICI and are pleased that, in an extremely difficult economic climate for the chemical...
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Most Recent Business Articles
- Research and Markets: Asia - Mobile Communication Tables of Statistics
- Reinsurance Rates Decline at January 1, 2010 Reinsurance Renewal, According to Annual Guy Carpenter Briefing
- Samsung Unveils the Next Generation of Camera – the NX10
- Harman Consumer America Implements Powerful New Retail Distribution Strategy
- MyShape® Premieres New Line of CJ by Cookie Johnson Jeans
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Using object-oriented analysis and design over traditional structured analysis and design
- Design a commission plan that drives sales - Sales Commissions
