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Evonik's $625 million acquisition of US hydrogen peroxide producer

Evonik's $625 million acquisition of US hydrogen peroxide producer
Issue Time:2018-11-09

On November 8, Evonik Industries announced that it has signed an agreement with One Equity Partners, a private commercial banking division of JPMorgan Chase, to acquire US-based PeroxyChem for $625 million. The transaction is expected to be completed in mid-2019 after obtaining approval from the relevant authorities.

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