Next Steps

The merger is subjected to a number of conditions being satisfied, including:

  • The competent antitrust authorities in several countries need to approve the merger. In addition, various regulatory clearances need to be obtained.

We expect to complete the merger by mid-2017.

Milestones

Chemtura shareholders approve acquisition by LANXESS

Cologne – Specialty chemicals company LANXESS (FRA: LXS) has taken a significant step forward in the planned acquisition of U.S. chemical company Chemtura (NYSE: CHMT). Chemtura’s shareholders approved the merger at a special meeting in Philadelphia, United States.

LANXESS successfully issues first hybrid bond

2016-11-29 | Cologne – Specialty chemicals company LANXESS today successfully issued a hybrid bond with a volume of EUR 500 million on the European capital market. The proceeds of the transaction are to be used for the financing of the planned acquisition of US-based chemical company Chemtura.

LANXESS successfully places two EUR 500 million corporate bonds

2016-09-29 | Cologne – LANXESS announced today that it has successfully placed two Euro benchmark bonds on the European capital market for the financing of the planned acquisition of the US-based specialty chemicals group Chemtura.

LANXESS Announces Plan to Acquire Chemtura

2016-09-26 | Cologne – LANXESS (FRA: LXS) reaches the next milestone on its growth path: The specialty chemicals company announced plans to acquire US-based Chemtura Corporation (NYSE: CHMT), one of the major global providers of high-quality flame retardant and lubricant additives. With the largest acquisition in its history, LANXESS is building on its own additives […]