Cabot Corporation to acquire Norit NV
Cabot Corporation (NYSE: CBT) entered into an agreement to purchase Norit N.V., the global leader in activated carbon from affiliates of Doughty Hanson Co. Managers Limited and Euroland Investments B.V. for $1.1 billion, company officials announced today.
The acquisition strengthens Cabot’s specialty chemicals portfolio with a non-cyclical, high growth and high margin business.
Read the attached full press release
Source:
Norit
27 June, 2012 - 02:00
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