Lanxess announced the creation of a 50/50 joint venture for synthetic rubber with Saudi Aramco. The transaction requires the approval of anti-trust authorities and closing is expected in H1 16.
22 Sep 2015
Backward integration as escape
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Backward integration as escape
LANXESS AG (LXS:WBO) | 0 0 (-0.2%) | Mkt Cap: 6,194m
- Published:
22 Sep 2015 -
Author:
Martin Schnee -
Pages:
2
Lanxess announced the creation of a 50/50 joint venture for synthetic rubber with Saudi Aramco. The transaction requires the approval of anti-trust authorities and closing is expected in H1 16.