Monday, 09 July 2007

Apollo raises bid for Huntsman to $6.5 billion

(Reuters) - Huntsman declined to comment on the new bid, but a spokesman said the board of directors was in contact with both suitors and its advisors.




Basell, controlled by U.S. industrial group Access Industries, last month agreed to buy Huntsman for $25.25 for each of the 233 million Huntsman shares outstanding.


Read more at Reuters.com Business News

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