trending Market Intelligence /marketintelligence/en/news-insights/trending/MkV71tjbNf7aY693QBJZdQ2 content esgSubNav
In This List

Solvay closes Cytec Industries deal


Street Talk | Episode 126: Hunting the bears, making the bull case for CRE


Investment Banking Essentials May 15


Panel Discussion: Modernization Initiatives Advancing the U.S. Capital Market


Technology & Automation Insights: Elevating KYC and onboarding efficiency

Solvay closes Cytec Industries deal

Solvay SA on Dec. 9 closed its deal to acquire Cytec Industries Inc. for a transaction value of $6.25 billion.

The company offered $75.25 per share for the stake.

In addition to general closing conditions, the deal required additional review for antitrust concerns.

Credit Suisse Securities (Europe) Ltd. and Morgan Stanley & Co. International PLC were the financial advisers for Solvay, and Davis Polk & Wardwell LLP, Freshfields Bruckhaus Deringer LLP and Linklaters LLP were the legal advisers.

J.P. Morgan Securities LLC was the financial adviser for Cytec Industries, while Arnold & Porter Kaye Scholer LLP and Sullivan & Cromwell LLP were the legal advisers.