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Top related persons:
Denis Balibouse - 1 DuPont De - 1 Ed Breen - 1 Rogers - 1 Sourasis Bose - 1 Pooja Desai - 1 Dow Jones - 1
Top related locs:
Dupont Geneva Switzerland Celanese Bengaluru
Top related orgs:
REUTERS - 1 DuPont - 1 DuPont De Nemours - 1 Jordan Company - 1 ED - 1 Chase Corp - 1 Apollo Global Management - 1 KKR - 1

Search resuls for: "Chase Corp"


4 mentions found


☆ DuPont to sell majority stake in $1.8 billion Delrin resins unit
  + stars: | 2023-08-21 | by ( ) www.reuters.com   time to read: +2 min
REUTERS/Denis Balibouse/File Photo Acquire Licensing RightsAug 21(Reuters) - Industrial materials maker DuPont De Nemours (DD.N) said on Monday it has agreed to sell an 80.1% stake in its Delrin resins unit to private equity firm TJC, formerly known as The Jordan Company, in a deal that values the business at about $1.8 billion. It will also own a 19.9% non-controlling interest in the unit, which the company had been looking to divest since February last year. The company sold most of its mobility and materials business to Celanese (CE.N) for $11 billion last year. However, it also suffered a setback last year as Chinese regulatory hurdles forced it to scrap the $5.2 billion acquisition of engineering materials maker Rogers (ROG.N). Earlier this year, peers Univar Solutions(UNVR.MX) and Chase Corp(CCF.A) had been taken private by Apollo Global Management and KKR, respectively.
Persons: Denis Balibouse, DuPont De, Ed Breen, Rogers, Sourasis Bose, Pooja Desai Organizations: REUTERS, DuPont, DuPont De Nemours, Jordan Company, ED, Chase Corp, Apollo Global Management, KKR, Thomson Locations: Dupont, Geneva, Switzerland, Celanese, Bengaluru
☆ Specialty-Chemicals Maker Chase Corp. Seeks Sale
  + stars: | 2023-06-10 | by ( Lauren Thomas | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/specialty-chemicals-maker-chase-corp-seeks-sale-9204ee55
Persons: Dow Jones
☆ The commercial real estate market is showing some cracks
  + stars: | 2023-04-05 | by ( Phil Rosen | ) www.businessinsider.com   time to read: +5 min
But before we get too intergalactic, this morning we're stopping off in the commercial real estate space. In the wake of March's bank tumult, commercial real estate has frequently been noted as the next domino to fall — and one corner of the market is already showing signs of stress. A few things to remember:Higher interest rates have made it more expensive for both American households and large commercial real estate owners to buy or refinance property. Small and medium-sized banks hold 80% of US commercial real estate debt outstanding. What are the biggest risks, in your view, facing the commercial real estate market for the second quarter of 2023?
☆ South Korea expands corporate bond-buying program amid credit crunch concern
  + stars: | 2022-10-23 | by ( ) www.cnbc.com   time to read: +1 min
South Korea Deputy Prime Minister and Minister of Economy and Finance Choo Kyung-ho speaks with his staff attending the G-20 Finance Ministers Meeting in Bali, Indonesia on July 16, 2022. South Korea's government will expand its corporate bond-buying program among other liquidity supply measures amid growing worries about a credit crunch in bond and short-term money markets. The government will double the ceiling of its corporate bond-buying facility run by state-run banks to 16 trillion won ($11 billion), Minister of Economy and Finance Choo Kyung-ho said on Sunday. Commercial paper issued by securities firms will be included in the facility's purchase list, while an additional 3 trillion won of liquidity will be supplied by the Korea Securities Finance Corp for securities firms experiencing liquidity shortages, he said. The Bank of Korea's monetary policy board will also consider its own measures, such as reactivating a special purpose vehicle to purchase corporate bonds and commercial paper first introduced during the pandemic, Governor Rhee Chang-yong told reporters.
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