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Platinum Equity signed a definitive agreement to acquire Solenis, a specialty chemicals producer, from CD&R and BASF for an enterprise value of $5.25 billion. Solenis will merge with Sigura Water for a combined transaction value of ~$6.5 billion.
“Platinum Equity announced that it has signed a definitive agreement to acquire Solenis, a leading global producer of specialty chemicals used in water-intensive industries, from Clayton, Dubilier & Rice and BASF.”paperindustryworld.com
Summarized from public sources; check the original articles before acting on it.