Friday, July 13, 2007

Huntsman to pay Apollo up to $325 million if deal fails

(Reuters) - It will also reimburse Apollo, which is buying Huntsman through its Hexion Specialty Chemicals unit, the $100 million it spent on the Basell deal's break-up fee for a total pay-out of $325 million, or about 5 percent of the deal's total value.




Read more at Reuters.com Business News

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