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Sinochem New Net News American Kraton said on the 27th that DL Chemical will acquire 100% of Kraton's shares in an all-cash transaction with a transaction value of US$2.
According to the agreement, Kraton shareholders will receive US$46.
DL Chemical said that Kraton's specialty polymers and bio-based chemicals business can provide customers with a wider range of products and serve various end markets
Kraton’s board of directors unanimously approved the merger agreement and recommended that shareholders vote for the transaction