Home Tags Cristal

Tag: Cristal

Stamford’s Tronox finally wins FTC approval of $1.7B acquisition

As part of an agreement with the FTC, Tronox agreed to sell Cristal’s North American TiO2 business to British chemicals firm Ineos Enterprises.

Tronox receives European Commission approval on Cristal acquisition

Tronox is now focused on legal action to challenge the U.S. Federal Trade Commission's opposition to the $1.7 billion deal.

Tronox responds to FTC complaint about proposed $1.7B deal

"We now look forward to our long-awaited day in court and the opportunity to demonstrate how this transaction will benefit customers throughout North America and around the world," said Jeffry Quinn, the Stamford firm’s president and CEO.

Tronox receives conditional European approval on Cristal deal

"I anticipate we will quickly receive final approval of the proposed remedy," said Jeffry N. Quinn, president and CEO of Tronox.

Stamford’s Tronox selling electrolytic division for $13M

The sale comes in the midst of Tronox’s ongoing efforts to close a $1.7 billion agreement to acquire the titanium dioxide business of Saudi chemical and mining company Cristal.

Tronox’s Saudi acquisition, already facing FTC opposition, receives EC ‘objections’

Tronox must respond to the European Commission's "Statement of Objections" by early April.

Tronox extends $1.7B acquisition timeframe; still working on FTC approval

The Stamford firm also posted its fourth-quarter and full-year 2017 financial results, both of which were up significantly from the previous periods.

Tronox receives Saudi approval of $1.7 billion deal; still awaits FTC...

The Stamford company filed a lawsuit against the FTC last week to gain U.S. approval of the deal.

Tronox sues FTC over proposed Saudi acquisition

According to Tronox's general counsel, "The FTC's conduct conflicts with any concept of supporting a U.S.-based company with a sound strategy to compete in today's global market."

FTC mounts legal challenge to Tronox’s $1.7 billion acquisition

Among other things, the FTC’s administrative complaint charges that the deal would violate antitrust laws.

Tronox clears federal hurdle in $1.7 billion Saudi acquisition

Tronox intends to complete the transaction following the satisfaction of all remaining conditions, including antitrust clearance by the European Commission and the Kingdom of Saudi Arabia.

Tronox acquires Saudi chemical and mining company for $1.7 billion

Stamford-based company also plans to sell its Alkali natural soda ash division.

Tronox move comes amid court battle

As it headed to court in an attempt to recover billions of dollars, chemicals giant Tronox Inc. simultaneously is relocating its headquarters to Stamford...