Wednesday, July 18, 2007

DealTalk: Fewer big fish means fewer large chemical deals

(Reuters) - Chemical deals are up 76 percent globally so far this year and U.S.-target deals are up 325 percent to about $37.5 billion, according to market research firm Dealogic.




A lot of the biggest deals have come to fruition in the past week. Basell , a plastic and chemical company, said on Tuesday that it would buy Lyondell Chemical Co. for about $12.7 billion.


Read more at Reuters.com Business News

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