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Archroma's $718 million acquisition of Textile Effects filed with Indian antitrust watchdog

By Freny Patel ( September 22, 2022, 01:00 GMT | Insight) -- The sale of Huntsman International's Textile Effects division to Swiss peer Archroma for an enterprise value of $718 million has been filed with the Indian antitrust watchdog, seeking merger clearance. The merger notification was filed with the Competition Commission of India under a Form II filing, with the companies saying there would be “limited overlaps” in India, describing their operations are "largely complementary."The sale of Huntsman International's Textile Effects division to Swiss peer Archroma for an enterprise value of $718 million has been filed with the Indian antitrust watchdog, seeking merger clearance....

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