# Tronox to acquire Cristal's titanium dioxide operations for $1.673B

Tronox Ltd has signed a definitive agreement to acquire the TiO2 operations of Cristal for US$1.673 billion in cash plus shares representing a 24% stake in the new entity. The deal is expected to close before Q1 2018.

- Type: Acquisition
- Announced: 2017-04-01
- Value: $1.67B
- Status: announced
- Products: titanium dioxide
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Tronox](https://endata.com/companies/23239.md) (acquirer)
- [Cristal](https://endata.com/companies/23240.md) (target)

## Sources

- [doi.org](https://doi.org/10.1016/s0306-3747(17)30056-8), 2017-04-01: "Tronox Ltd has signed a definitive agreement to acquire the TiO2 operations of privately owned Saudi Arabian chemical and mining concern Cristal for US$1.673 billion in cash plus Class A ordinary shares representing a 24% stake in the new entity."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.