Chemtura to Sell Consumer Products Unit to KIK for $315M, Exploring Possible Sale of Agrochemicals Unit
October 10, 2013 at 16:32 PM EDT
Chemtura Corporation (NYSE: CHMT ) today announced that it has entered into a stock purchase agreement to sell its Consumer Products business, including dedicated manufacturing plants in the U.S. and South Africa, to KIK Custom Products Inc. (“KIK”) for $315 million in cash at closing subject to certain customary pre- and post-closing adjustments,
