Clariant: Divestment of the entire Masterbatches business to PolyOne
Clariant has agreed to sell its entire Masterbatches business to PolyOne. The transaction values the Masterbatches business at USD 1,560 million, representing c. 12.2 times the last twelve months reported EBITDA (ending September 2019) on a cash and debt free basis. This amount is payable at closing, which is expected by Q3 2020.
Clariant International Ltd, Muttenz, Switzerland
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