(Bloomberg) -- Apollo Management LP, a New York-
based private-equity firm, offered to buy U.S. chemical maker
Huntsman Corp. for about $6 billion, topping a bid from
billionaire Len Blavatnik's Access Industries Holdings LLC.
Apollo's Hexion Specialty Chemicals Inc. offered $27.25
a share in cash, Huntsman said in a statement today. That's
$2 more than Access's agreed bid made on June 25 and 44
percent higher than the stock's close the previous day.
Read more at Bloomberg Energy News
based private-equity firm, offered to buy U.S. chemical maker
Huntsman Corp. for about $6 billion, topping a bid from
billionaire Len Blavatnik's Access Industries Holdings LLC.
Apollo's Hexion Specialty Chemicals Inc. offered $27.25
a share in cash, Huntsman said in a statement today. That's
$2 more than Access's agreed bid made on June 25 and 44
percent higher than the stock's close the previous day.
Read more at Bloomberg Energy News
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