|
|
Article: United States: Huntsman Signs Stalking Horse Asset Purchase Agreement With Tronox.
- Article from:
- TendersInfo
- Article date:
- August 31, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: kusumv03
Huntsman Corporation today announced that it signed a "stalking horse" asset and equity purchase agreement pursuant to which its wholly-owned subsidiary Huntsman Pigments LLC has agreed to acquire the following assets of Tronox Incorporated and its subsidiaries under Section 363 of Chapter 11 of the U.S. Bankruptcy Code:
-- Titanium dioxide facilities in The Netherlands and the United States
(excluding Savannah, Georgia);
-- A 50% joint venture interest in another titanium dioxide facility in
Australia and associated mining and other operations; and
-- Electrolytic production facilities in the United ...