Merck KGaA Acquires Millipore for 5.3 billion EUR incl Debt
Merck KGaA has agreed with the US-based Millipore Corp. on a Agreed takeover. The pharmaceutical and chemical company, announced the transaction including liabilities had a volume of 5.3 billion EUR. Depending Millipore share, Merck will pay 107 USD. The DAX-funded group the acquisition with its own cash balances and a loan.
WSJ: Solutia acquires etimex Solar GmbH for 326 million USD
The U.S. chemical company Solutia acquires German Photovoltaic Solar etimex suppliers. The transaction has a volume of 326 million USD and could be announced as early as Monday, said of pages of Solutia Inc.
WSJ: AIG subsidiary, AIA, Prudential bought for around 35 billion USD – Circles
The British insurer Prudential buys out according to Circles, the Asian life insurance business of American International Group (AIG) for approximately 35 billion USD. The two groups agreed in the sale of AIG’s crown jewel of U.S. $ 25 billion in cash and 10 billion USD in shares and other equity instruments, as with the People familiar the matter said. Under the transaction, Prudential will acquire more than 10% of AIG, said a source.
WSJ: TPG is the favorite to buy Dow Chemical Division – Circles
The private equity groups TPG is loud favorite for the purchase of Styron plastic business of Dow Chemical Co. The Transaction could be announced this week, said several People familiar with the matter. Dow Chemical did business, which produces, among other things rubber, latex and polystyrene, a few Months and could be put up for sale more than 1.5 billion USD for Division obtained.
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(END) Dow Jones Newswires
March 01, 2010 01:31 ET (06:31 GMT)
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