Bulletin Updates

Trinseo to sell synthetic rubber business – 6 Dec 2021

Dec 06, 2021

Trinseo announced the closing of the previously announced transaction to sell its synthetic rubber business based in Schkopau, Germany to Synthos S.A. and its affiliates for an enterprise value of approximately $491 million, comprised of a cash purchase price of $402.4 million, the assumption of approximately $41.6 million of pension liabilities by Synthos, and net working capital (excluding inventory) retained by Trinseo of $47.0 million

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