Posted on: June 17, 2010 by PEHub Administrator
Dow Chemical Co. has completed the sale of its Styron plastics unit to Bain Capital for $1.63 billion. Dow retained a 7.5% equity position, although it had an option to retain up to 15 percent.
Tags: Bain Capital, Dow Chemical, Styron
Posted on: March 2, 2010 by PEHub Administrator
Dow Chemical Co. has agreed to sell its Styron plastics unit to Bain Capital for $1.63 billion. As part of the transaction, Dow has an option to retain up to a 15% stake in the company. No details on leveraged financing have been disclosed.
Tags: Bain Capital, Dow Chemical, Styron
Posted on: March 1, 2010 by PEHub Administrator
(Reuters) – U.S. private equity firm TPG Capital has emerged as a front runner to buy Dow Chemical’s (DOW.N) Styron plastics business, Wall Street Journal said, citing several people familiar with the matter. TPG’s rival Apollo Management, which was one of the contenders for the Dow unit, is fading from contention, the paper said. Dow, the [...]
Tags: Styron, TPG Capital
Posted on: January 11, 2010 by PEHub Administrator
NEW YORK (Reuters) – Bidders for Dow Chemical Co’s (DOW.N) Styron unit have been asked to reconfirm their interest on Monday in order to narrow the field of buyers, sources familiar with the matter said. Dow, the No. 1 U.S. chemicals company, put Styron up for sale in July and said at the time the unit [...]
Tags: Dow Chemical, Styron