Chemical Sector M&A

Chemical sector M&A: Buy in haste, repent at leisure
· Global chemical M&A volumes down 90% in 2009 from a high of 186 deals in 2006
· History suggests that chemical industry M&A destroys shareholder value
· Relatively low valuations, healthy cash balances and reluctance to return cash to
shareholders suggest high M&A risk over the next 1...full article available after login

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