Clariant AG
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Based in Switzerland
Company profile

Clariant AG is a Switzerland-based producer of specialty chemicals. It operates through four business areas: Care Chemicals, Catalysis, Natural Resources, and Plastics and Coatings. The Care Chemicals business area produces ingredients for laundry detergents, fabric softeners, disinfectants and dishwashing detergents, as well as plasticizers, de-icing fluids for aircrafts and runways, and special solvents. The Catalysis business area offers a wide range of catalysts for the petrochemicals, plastics and refining industries. The Natural Resources business area provides products and services to the minerals and oil and mining industries. The Plastics and Coatings business area produces color and additive concentrates and performance solutions for plastics, flame retardants, polymer additives and waxes for functional effects in plastics, coatings, inks and other special applications, as well as organic pigments, pigment preparations and specialty dyes.

This security is an American depositary receipt
ADR Fees
American Depositary Receipt (ADR) Fee

ADR fees charged by custodial banks normally average from 1 to 3 cents per share. Other country fees might apply. To read more, see the Exception Fees tab at Brokerage Fees

Closing Price
$20.21
Day's Change
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--
Day's High
20.21
Day's Low
20.00
Volume
(Heavy Day)
Volume:
1,100

10-day average volume:
560
1,100

Marvell Tech to acquire Inphi in stock-and-cash deal that is second in chip sector this week

7:20 am ET October 29, 2020 (MarketWatch)
Print

Marvell Technology Group Ltd. (MRVL) said Thursday it has agreed to acquire Inphi Corp. (IPHI) in a cash and stock deal that will create a semiconductor company with an enterprise value of $40 billion. Under the terms of the deal, Marvell will pay $66 in cash and 2.323 shares for each Inphi share. Marvell shareholders will own 83% of the combined company, while Inphi shareholders own the remaining 17%. The deal is expected to close by the second half of 2021. "Combining Marvell's storage, networking, processor, and security portfolio, with Inphi's leading electro-optics interconnect platform, will position the combined company for end-to-end technology leadership in data infrastructure," the companies said in a joint statement. The deal is the second in the chip sector this week, after AMD (AMD) acquired Xilinx Inc. (XLNX) in a $35 billion deal. Inphi shares soared 34% on the news, while Marvell was down 4.6%.

-Ciara Linnane; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

October 29, 2020 07:20 ET (11:20 GMT)

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