Exclusive: Chemtrade in talks for $1 bln buy of General Chemical - Reuters
Nov 7 (Reuters) - Canada's Chemtrade Logistics Inc is in advanced talks to buy General Chemical Corp, two people familiar with the matter said on Wednesday, in a deal that could value the specialty chemicals maker at around $1 billion. Private equity firm American Securities LLC, which put General Chemical on the auction block in the summer, is in the process of finalizing an agreement with Chemtrade over the next few weeks, sources said.
7 November 2013•2 mins read
