Tuesday, June 26, 2007

UPDATE 1-Dutch Basell to buy Huntsman for $9.6 bln

(Reuters) - Under the terms of the agreement, Basell will acquire all
of the outstanding common stock of Woodlands, Texas-based
Huntsman for $25.25 per share, the companies said in a
statement.




Huntsman shares jumped 28.4 percent to $24.26 in early
trading on the New York Stock Exchange.


Read more at Reuters.com Mergers News

No comments: