Examples of Pigments Business in a sentence
The Rockwood TiO2 Pigments Business and the Kemira TiO2 Pigments Business are each also referred to as a “TiO2 Pigments Business” and collectively as the “TiO2 Pigments Businesses”.
Unless otherwise required by any Final Determination, Huntsman agrees (and shall cause the Huntsman Group) and Venator agrees (and shall cause the Venator Group) to treat any payments made between parties pursuant to this Agreement as adjustments to the liabilities assumed (or deemed assumed) or consideration transferred in connection with the acquisition by Venator as part of the Internal Reorganization of the portion of the Pigments Business to which the payment relates.
Promptly upon the receipt by the Borrower of the Net Cash Proceeds from the Pigments Business Disposition, the Borrower shall prepay the Loans in an aggregate amount equal to 100% of such Net Cash Proceeds.
In September 2013, Rockwood entered into a definitive agreement to sell the Rockwood Pigments Business to Huntsman Corporation (“Huntsman”) for approximately $1.325 billion (since reduced to $1.275 billion), including the assumption by Huntsman of $225 million in pension obligations subject to other customary adjustments.
The Pigments Business is reflected as discontinued operations in the historical financial statements of Rockwood.
DIC plans to use funds procured through this subordinated term loan for the acquisition of the Color & Effects business of BASF SE, which was announced in its press release titled “Notice Regarding the Acquisition of the Shares and Assets of a Pigments Business from BASF SE of Germany and Transformation of the Business into a Subsidiary,” published on August 29, 2019.
As the closing of the transaction between Rockwood and Huntsman is factually supportable, for purposes of these unaudited pro forma condensed combined financial statements, we have given recognition to the anticipated sale of the Pigments Business for estimated net cash proceeds of $950 million, before investment banking fees of $8 million, which is subject to certain potential post-closing adjustments.
The new Principle itself is a significant raising of the bar for all regulated financial services firms beyond the current requirement to ‘treat customers fairly’ and therefore has the potential to substantially improve consumer outcomes.
Bayer Corporation Sells Organic Pigments Business Located at Bushy Park To Sun Chemical Corporation.
It provides for the protection of the system resources against unauthorized access.