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Name | Symbol | Market | Type |
---|---|---|---|
Clariant Ag (PK) | USOTC:CLZNY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.78 | -6.20% | 11.80 | 11.50 | 12.77 | 11.80 | 11.63 | 11.75 | 1,702 | 21:03:24 |
ZURICH -- Clariant AG (CLN.VX) Monday said it will acquire the deep water Gulf of Mexico assets from Ecolab Inc. (ECL) for an undisclosed sum.
MAIN FACTS:
- The divestment of the assets by Ecolab was a prerequisite by the U.S. Department of Justice for the approval of the acquisition of Champion Technologies.
- Clariant is entering into a series of agreements with Champion related to its deep water Gulf of Mexico business.
- The acquired assets include Champion Technologies' oil and gas production chemicals services in the deep water Gulf of Mexico.
- The transaction is complementary to the company's strategy to further expand its deep water operations in the region and globally.
-Zurich Bureau, Dow Jones Newswires, +41 43 443 80 47; zurichdjnews@dowjones.com
Order free Annual Report for Clariant AG
Visit http://djnweurope.ar.wilink.com/?ticker=CH0012142631 or call +44 (0)208 391 6028
Order free Annual Report for Clariant AG
Visit http://djnweurope.ar.wilink.com/?ticker=US18047P1012 or call +44 (0)208 391 6028
Order free Annual Report for Ecolab, Inc.
Visit http://djnweurope.ar.wilink.com/?ticker=US2788651006 or call +44 (0)208 391 6028
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