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SUBSEQUENT EVENTS
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6 Months Ended |
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Jun. 30, 2013
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| SUBSEQUENT EVENTS |
20. SUBSEQUENT EVENTS Oxid Acquisition On July 5, 2013, we entered into a definitive agreement to acquire the business of Oxid, a privately-held manufacturer and marketer of specialty urethane polyols based in Houston, Texas, for an amount up to $75 million. This transaction is expected to close during the third quarter of 2013, and we will include this business in our Polyurethanes segment. Oxid generated $86 million of revenues in 2012. |
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- Definition
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. No definition available.
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