Huntsman Corp


  • Chemicals maker Huntsman agreed to a $6.5 billion buyout offer from an affiliate of Apollo Management on Thursday, terminating an earlier deal to sell itself at a lower price to a Dutch company.

  • Apollo Raises Bid for Huntsman to $6.5 Billion Monday, 9 Jul 2007 | 11:52 AM ET

    Apollo Management raised its offer for chemical company Huntsman by 2.8% to $6.5 billion Monday, widening the premium over rival suitor Basell.

  • Huntsman Says Hexion Bid Superior, Notifies Basell Friday, 6 Jul 2007 | 4:57 PM ET

    U.S. chemical company Huntsman said Friday the $6 billion buyout offer from Apollo Management's Hexion Specialty Chemicals is superior to the previously accepted deal offered by Basell.

  • Stocks End Mixed as Rising Treasury Yields Limit Gains Thursday, 5 Jul 2007 | 6:25 PM ET

    Stocks closed mixed as investors were encouraged by a strong batch of merger news but gains were held in check by rising interest rates.  "The key for the market right now is the ability to digest the fact that the 10-year has moved out of that range that we've enjoyed between 4.5% and 5%," said Russ Koesterich, head of investment strategy at Barclays Global Investors.

  • CNBC's Domm: Today's Agenda in the Markets Thursday, 5 Jul 2007 | 8:55 AM ET

    A bounce back in takeover activity, including Blackstone's bold $26 billion bid for Hilton, is giving strength to stock futures ahead of the opening on the second leg of this holiday-shortened week.

  • Huntsman Gets Higher Bid From Equity Firm Apollo Thursday, 5 Jul 2007 | 7:17 AM ET

    U.S. private equity firm Apollo Management unveiled a $6 billion bid proposal for Huntsman on Wednesday, 8% higher than a deal accepted by the U.S. chemical company last week.

  • European stock markets were slightly higher Wednesday, following a lackluster session in Asia.

  • Stocks finished lower in a choppy session that was overshadowed by concerns about the housing slowdown and a meltdown in the subprime mortgage industry. "The financials tend to lead the market down and that's what they were doing today," said Robert Albertson, chief strategist at Sandler O'Neill.  "I think it goes well beyond subprime. "

  • Netherlands' Basell to Buy Huntsman for $5.6 Billion Tuesday, 26 Jun 2007 | 2:55 PM ET

    Chemicals maker Basell said Tuesday it has agreed to buy U.S. chemical company Huntsman for $5.6 billion excluding debt, in a bid to strengthen its position as a global chemicals group.