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Stock Market & Financial Investment News

News Breaks
February 28, 2014
09:01 EDTHUNHuntsman announced EC to proceed with investigation into Rockwood business
Huntsman announced that it expects the European Commission to proceed with an in-depth investigation into Huntsman's proposed acquisition of Rockwood's Performance Additives and Titanium Dioxide businesses. The Commission would have up to 125 working days to make a final decision on whether the proposed transaction would significantly impede effective competition in the European economic area.
News For HUN From The Last 14 Days
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March 4, 2015
16:41 EDTHUNHuntsman furthers its global Pigments and Additives Business restructuring
Huntsman announced its plan to restructure its Color Pigments business, another step in its plan to significantly restructure its global Pigments and Additives business. The restructuring of Color Pigments includes an expected headcount reduction of 120 positions and will deliver $20M by mid-2016 toward the total synergies expected of the global Pigments and Additives restructuring plan announced in December. The initial phase of restructuring will include site closures, cost reduction initiatives and a move to centralized shared services. Huntsman CEO Peter R. Huntsman stated, "We are well on track to deliver more than $140M in total synergies, with $60M of that to be achieved in 2015. In addition to these savings, we have announced a plan to close the black end of our TiO2 plant in Calais, France that will generate $35M of annual savings."
February 24, 2015
07:30 EDTHUNJPMorgan to hold a conference
Global High Yield & Leveraged Finance Conference is being held in Miami Beach, FL on February 23-25 with webcasted company presentations to begin on February 24 at 7:40 am; not all company presentations may be webcasted. Webcast Link

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