Clariant to merge with Huntsman
After the merger the company will be named “HuntsmanClariant” and is estimated to generate revenue of approximately US$ 13.2 billion. The shareholder value of the new company is projected at US$ 20 billion. Clariant will hold 52% of shares, while Huntsman will hold 48%. Similarly, the management of HuntsmanClariant will be split: The current Clariant CEO Hariolf Kottmann is the designated president of the future administrative board.