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Specialty chemicals producer Rockwood Holdings Inc's pigments businesses have attracted offers from buyout firms including Blackstone Group LP and Advent International Corp, several people familiar with the matter said.The auction for the assets, in which Apollo Global Management LLC , Bain Capital LLC, Golden Gate Capital LLC and Rhone Group LLC are also participating, is now in its second round, with meetings with management taking place, the people said.The sources spoke on the condition of anonymity because the process is confidential. Some of the persons spoke on Monday and others spoke in recent days.Rockwood has packaged its Sachtleben titanium dioxide unit with its color additives units and is hoping to sell or spin off the businesses by the end of the year. Rockwood previously tried to sell just Sachtleben, which yielded little interest, people familiar with the matter told Reuters earlier this year.Combined earnings before interest, taxes, depreciation and amortization (EBITD...
On a trading day that saw the S&P 500 gain 1.1%, the Basic Materials sector (XLB) showed little change.The ETF, as a as a proxy for sector performance, was down toda...
There are a few stocks that are up on high volume today:Collective Brands (NYSE:PSS) is up on high volume today, trading with volume of 25.5 million, or 15.8 times i...
DOW JONES NEWSWIRESCaterpillar Inc. (CAT) elected former presidential candidate Jon M. Huntsman Jr. as its newest director, adding a former chief executive with poli...
Jon Huntsman Jr., a former Republican candidate for U.S. president who pulled out of the race a month ago, is joining the board of his family's company, Huntsman Cor...
Huntsman Corporation Founder Jon Huntsman, Sr., on why his son, former Utah Gov. Jon Huntsman, Jr., is the most qualified of the GOP candidates to be president.
Investors couldn’t have missed seeing the recent waves of new corporate share buyback plans. What they may have not noticed as clearly is the increasing trend in “le...
Author and CEO John M. Huntsman Sr., on why we should be optimistic of the Obama Presidency.
By Ernest ScheyderNEW YORK (Reuters) - Chemicals giant DuPont <DD.N> sued a California company on Wednesday, alleging it sold proprietary information on a lucrative ...
Shell Oil President Marvin Odum on the difficult process of getting drilling permits.
Huntsman Corporation Executive Chairman Jon Huntsman, Sr., argues uncertainty is causing the rise in oil prices, not the turmoil in Libya.
Huntsman Corporation Executive Chairman Jon Huntsman, Sr., on why he is optimistic about the future of the global economy.
(Updates with new details)Oct 1 (Reuters) - European oil majors resisted pressure from the United States to abandon all Iranian activities, saying they would continu...
Philanthropist Bill Gates on his Foundation's work and the government deficit's impact on the economy.
Huntsman Corporation CEO Peter Huntsman on the carbon tax bill’s potential impact on U.S. businesses’ competitiveness.
NYC mayor cites recycling costs
President Barack Obama and congressional Republicans face even bigger budget battles in the next two months after a hard-fought "fiscal cliff" deal narrowly averted ...
U.S. executives largely panned the congressional deal to steer America away from the "fiscal cliff," saying Washington wasted an opportunity to address the nation's ...
The Basic Materials sector (XLB) held steady during a trading day that saw the S&P 500 grow 0.1%.As a proxy for the sector, the ETF tracked closer to the overall mar...
Former President George W. Bush Advisor Brad Blakeman on Romney’s potential running mate and Jon Huntsman Sr. calling for Romney to release more tax returns.
