Eastman Chemical Company on Wednesday said it has agreed to buy Taminco Corp., a global specialty chemical company, for $1.8 billion in cash.
As part of the deal, Kingsport, Tenn.-based Eastman would assume $1 billion in debt, for a total transaction value of $2.8 billion. Headquartered in Allentown, Pa., Taminco produces alkyl amines and alkyl amine derivatives that are used in a variety of products in agriculture, animal feeds and water treatment, as well as home and personal care.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
