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     536  0 Kommentare Clariant and Kilfrost announce termination of acquisition

    Clariant AG / Clariant and Kilfrost announce termination of acquisition . Processed and transmitted by NASDAQ OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement.

                                                             

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    • Both parties withdraw from transaction of Kilfrost's European de-icing business
     
     

    Muttenz, June 10, 2016 - Clariant, a world leader in specialty chemicals, and Kilfrost today announced that the companies have terminated the acquisition agreement they entered into on November 19, 2015, relating to the sale and purchase of the European aircraft and rail de-/anti-icing businesses of Kilfrost.

    Both companies expected the proposed merger to result in benefits to shareholders, customers and other stakeholders but have agreed to withdraw from the proposed transaction due to commercial reasons and challenges in obtaining regulatory approval in the United Kingdom.

    In 2015, Clariant acquired the Kilfrost de-icing business in North America and Asia. This transaction is already closed and remains uneffected by the present decision.

    Corporate Media Relations Investor Relations
    Carsten Seum

    Phone +41 61 469 63 63
    carsten.seum@clariant.com
    Anja Pomrehn

    Phone +41 61 469 67 45
    anja.pomrehn@clariant.com
    Claudia Kamensky

    Phone +41 61 469 63 63
    claudia.kamensky@clariant.com
    Steven Massheder

    Phone +41 61 469 68 58
    steven.massheder@clariant.com




    This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
    The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
    Source: Clariant AG via Globenewswire

    HUG#2019270

    --- End of Message ---

    Clariant AG
    Rothausstrasse 61 Muttenz 1 Switzerland

    ISIN: CH0012142631;




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