# Evonik's $625M purchase of PeroxyChem faces FTC deadline

The Federal Trade Commission has run out of time to appeal a court decision refusing to block Evonik's planned $625 million acquisition of PeroxyChem, a hydrogen peroxide producer.

- Type: Acquisition
- Announced: 2020-03-26
- Where: United States
- Value: $625.0M
- Status: announced
- Products: hydrogen peroxide
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Evonik](https://endata.com/companies/15139.md) (acquirer)
- [PeroxyChem](https://endata.com/companies/28671.md) (target)

## Sources

- [law360.com](https://www.law360.com/articles/1257345/ftc-out-of-time-on-chem-merger-loss), 2020-03-26: "The Federal Trade Commission has run out of time to appeal a D.C. federal judge's refusal to freeze Evonik's planned $625 million purchase of fellow hydrogen peroxide producer PeroxyChem"

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