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I&I leader adds water treatment expertise.
July 20, 2011
By: TOM BRANNA
Editor
Nalco Holding Company, Naperville, IL, has entered into a definitive agreement with Ecolab Inc. in which it will merge with the I&I giant in a $5.4 billion deal. Under the terms of the agreement announced today, which was unanimously approved by the boards of directors of both companies, Nalco’s shareholders may elect to receive either 0.7005 share of Ecolab common stock per share of Nalco common stock or $38.80 in cash, without interest, per share of Nalco common stock. The overal...
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