Clariant to sell its Masterbatches business for USD 1.6 billion

Extraordinary cash distribution

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Clariant, a focused and innovative specialty chemical company, has agreed to sell its whole Masterbatches business to PolyOne. The transaction values the Masterbatches business at the US $ 1,560 million (approximately Rs 11,000 crore), representing c. 12.2 times the last twelve months reported EBITDA (ending September 2019) on a cash…

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