Clariant completes sale of masterbatches business to polyone

Clariant completes the sale of its masterbatches business to polyone for approx. usd 1.6 billion.divestment marks an important milestone for clariant's transformation into a focused specialty chemicals company.closing satisfies condition for extraordinary distribution of chf 3.00 per share.remaining proceeds to be invested in core businesses and to strengthen balance sheet.
AVNT Ratings Summary
AVNT Quant Ranking