Huntsman, Clariant announce merger plans

Muttenz, Switzerland – Huntsman and Clariant have announced plans to merge as equal companies through an all-stock transaction by the end of 2017.

In a 22-May statement, the two companies said that the new entity will be named HuntsmanClariant and, on a pro forma basis, will create a company with sales of $13.2 billion (€11.8 billion), adjusted earnings (EBITDA) of $2.3 billion and a combined enterprise value of approximately $20 billion.

Hariolf Kottmann, CEO of Clariant

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