|Day's Range||33.6700 - 34.4200|
|52 Week Range||24.9500 - 37.5000|
|PE Ratio (TTM)||41.22|
|Earnings Date||Jul 25, 2017 - Jul 31, 2017|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||32.00|
The Woodlands-based Huntsman Corp. (HUN) and Switzerland-based Clariant AG announced on May 22 they would merge to create a chemical company with a combined enterprise value of about $20 billion. The news comes a day after the Wall Street Journal and other outlets reported the companies were in talks to merge and could announce a deal as early as the next day. Clairant shareholders will own about 52 percent of the combined company, and Huntsman shareholders will own the remaining 48 percent.
International Flavors & Fragrances Inc. (IFF) recently priced an underwritten public offering of $500 million of senior notes. Subject to customary closing conditions, this underwritten public offering is anticipated to close on May 18, 2017.
Kraton (KRA) announced the opening of a hydrogenated styrenic block copolymer (HSBC) plant in Mailiao, Taiwan. The state-of-the-art facility will boost the company's innovation-grade business.