Dec 15 (Reuters) - UK's competition watchdog on Thursday cleared Swiss chemicals firm Sika AG SIKA.S and Germany-based MBCC's 4.5 billion pound ($5.57 billion) merger after they agreed to sell a part ...
Narrow-moat Sika delivered strong results, marginally beating Vara consensus for first-half revenue and EBITDA. Revenue grew 13% year over year to CHF 5.8 billion during first-half 2024, including a ...
Sika takes another step toward closing the MBCC acquisition. With valuations de-rated across the industry, the focus on inorganic growth makes sense. While 2023 could be a challenging year on the ...
Oct 25 (Reuters) - UK's competition watchdog said on Tuesday Swiss chemicals firm Sika AG (SIKA.S), opens new tab and German based MBCC have proposed to sell MBCC's chemical admixtures business in the ...
(RTTNews) - The Australian Competition & Consumer Commission or ACCC, announced Friday that it is seeking views on a proposed court-enforceable divestiture undertaking offered by Sika AG (SXYAY.PK, ...
Sika will acquire MBCC Group, the former construction chemical arm of BASF, for $5.9 billion from the venture capital firm Lone Star Funds. Lone Star bought the business from BASF in 2020 for about $3 ...
Swiss chemicals company Sika AG said Thursday that it would acquire MBCC Group from an affiliate of Lone Star Funds, in a transaction with an enterprise value of 5.5 billion Swiss francs ($5.99 ...
Private equity firm Cinven has snatched a last-minute deal to buy MBCC Admixtures, part of BASF’s former construction chemicals group, from the Swiss company Sika. As recently as Jan. 16, chemical ...