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Falcon Private Holdings, LLC: Falcon Private Holdings Announces Pending Sale of Aristech Surfaces

Falcon Private Holdings, LLC: Falcon Private Holdings Announces Pending Sale of Aristech Surfaces Falcon Private Holdings, LLC ("Falcon"), the private investment arm of Jamshid Keynejad and Barry Siadat, announced today that its affiliates have reached agreement to sell Aristech Surfaces LLC ("Aristech") to Trinseo (NYSE: TSE), a global materials company and manufacturer of plastics, latex binders, and synthetic rubber, for $445 million in cash, subject to customary closing adjustments. Aristec...
Jamshid Keynejad Jana Bartlett Morgan Lewis Philip Marxen Michael Gilbert Kostenloser Wertpapierhandel

Trinseo to Acquire Aristech Surfaces LLC as Part of Its Transformation to a Specialty Materials and Sustainable Solutions Provider

Caribbean News Global July 20, 2021 Strengthens Trinseo’s strong position in acrylic solutions and drives expansion into wellness, niche leisure and architectural end markets in key geographies, including Asia Purchase price of $445 million; implied purchase multiple of 7.0x enterprise value / 2021 estimated Adjusted EBITDA including $50 million tax benefit from basis step-up and $10 million annual run-rate cost synergies Transaction is expected to be growth, margin and cash flow ...
United States Frank Bozich Randy Myers David Stasse Morgan Lewis Dina Pokedoff

Trinseo S A : Strengthens Trinseo's strong position in acrylic solutions and drives expansion into wellness, niche leisure and architectural end markets in key geographies, including Asia (Form 8-K)

Message : Required fields Strengthens Trinseos strong position in acrylic solutions and drives expansion into wellness, niche leisure and architectural end markets in key geographies, including Asia · Purchase price of $445 million; implied purchase multiple of 7.0x enterprise value / 2021 estimated Adjusted EBITDA including $50 million tax benefit from basis step-up and $10 million annual run-rate cost synergies · BERWYN, Pa - July19, 2021 - Tri...
United States Frank Bozich Randy Myers David Stasse Morgan Lewis Company Investor Relations

Falcon Private Holdings Announces Pending Sale of Aristech Surfaces

FLORENCE, Ky.--(BUSINESS WIRE)--Jul 19, 2021-- Falcon Private Holdings, LLC (“Falcon”), the private investment arm of Jamshid Keynejad and Barry Siadat, announced today that its affiliates have reached agreement to sell Aristech Surfaces LLC (“Aristech”) to Trinseo (NYSE: TSE), a global materials company and manufacturer of plastics, latex binders, and synthetic rubber, for $445 million in cash, subject to customary closing adjustments. Aristech is a global leading producer ...
United States Jamshid Keynejad Michael Gilbert Jana Bartlett Reed Smith Morgan Lewis

Celanese to Buy TPV Elastomers Business from ExxonMobil

Chemicals manufacturer ExxonMobil Chemical Co. entered into a definitive agreement to sell its Santoprene TPV elastomers business to specialty chemicals and materials firm Celanese for $1.15 billion, the companies announced in separate releases Wednesday. Two manufacturing sites in Pensacola, FL and Newport, Wales are part of the transaction, as well as related product, process development and lab equipment, operating and administration buildings, control systems and documentation, and intelle...
Jack Williams Tom Kelly Exxonmobil Chemical Co Exxon Mobil Corp Exxonmobil Chemical Engineered Materials

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