Petronas Chemicals to acquire Perstorp Holding in deal that values Swedish company at RM10.5b | Malay Mail

Tuesday, 17 May 2022 06:52 PM MYT

“Perstorp is an outstanding strategic fit for PCG and enables us to participate in attractive end-markets such as paints and coatings, construction, automotive, personal care, and animal nutrition that share a robust growth outlook,” he said in a statement. “This acquisition will also provide us critical talent, know-how, technological platforms and proven customer channels to address the pressing needs of the market for more sustainable solutions.

“We find Perstorp attractive for their expansive range of products, established customer base as well as their market leadership in selected chemicals, which are complementary to PCG,” Mohd Yusri said.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Billionaire Gautam Adani in US$10.5b deal for Holcim India cement business | Malay MailMUMBAI, May 16 — Indian billionaire Gautam Adani struck a US$10.5 billion (RM46.18 billion) deal to buy Swiss cement giant Holcim’s local business, the companies said, betting on a construction boom predicted in coming decades. In his biggest acquisition to date, the deal will give...
Source: malaymail - 🏆 1. / 86 Read more »

Companies lawyer up to navigate Russia sanctions | Malay MailPARIS, May 16 — The deployment of unprecedented sanctions against Russia over the Ukraine war has left companies with a complex legal minefield to navigate, prompting them to hire more lawyers to avoid costly missteps. The European Union alone is inching towards its sixth sanctions package, while...
Source: malaymail - 🏆 1. / 86 Read more »