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CLZNY Clariant Ag (PK)

15.70
0.10 (0.64%)
28 Jun 2024 - Closed
Delayed by 15 minutes
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
  0.10 0.64% 15.70 15.26 16.02 15.70 15.70 15.70 500 21:04:15

Clariant To Buy Ecolab's Deep Water Gulf of Mexico Assets

15/04/2013 7:33am

Dow Jones News


Clariant (PK) (USOTC:CLZNY)
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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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