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German chemical firm Lanxess to buy Chemtura

Reuters — Lanxess AG said on Sunday it would buy specialty chemical company Chemtura Corp. for about US$2.5 billion, to improve the German company’s additives business. Lanxess’s offer of US$33.50 for each Chemtura share represents a premium of about 19 per cent to the Philadelphia-based company’s close on Friday. The […]

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