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All-cash transaction was for $3.2 billion.
August 23, 2011
By: TOM BRANNA
Editor
Ashland Inc., a global leader in specialty chemical solutions for consumer and industrial markets, today completed its acquisition of privately owned International Specialty Products Inc. (ISP), a global specialty chemical manufacturer of innovative functional ingredients and technologies. The purchase was an all-cash transaction for $3.2 billion, subject to post-closing adjustments for changes in net working capital and certain other items. “This defining transaction is expected to be im...
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