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| Exchange Received Time 22/05/2017 18:16:37 Exchange Disseminated Time 22/05/2017 18:16:39 Time Taken 00:00:02 | | This intimation is given under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Based on the information provided to us, our ultimate Global Holding Company Clariant (SIX: CLN) and Huntsman Corporation (NYSE: HUN) today announced that their respective Board of Directors approved a definitive agreement to combine in a merger through an all-stock transaction. The merged company will be named HuntsmanClariant. The transaction is subject to shareholder approvals, regulatory approvals and other customary closing conditions. The effect, if any, of this global announcement on our Company will be informed as and when the transaction is finalized. We will keep you posted on any further development in this regard. Kindly take this information on your record. |
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