financetom
Business
financetom
/
Business
/
Albemarle to divest Ketjen control, Eurecat stake in $660 mln deal
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Albemarle to divest Ketjen control, Eurecat stake in $660 mln deal
Oct 27, 2025 4:38 AM

Oct 27 (Reuters) - Albemarle said on Monday it

will sell a 51% stake in its refining catalyst solutions

business, Ketjen, to private equity firm KPS Capital Partners,

and divest its 50% interest in the Eurecat joint venture to

France's Axens SA, in deals worth about $660 million.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Italy strikes deal with Turkey's Beko to reduce job cuts, minister says
Italy strikes deal with Turkey's Beko to reduce job cuts, minister says
Apr 9, 2025
* Beko more than halves planned job cuts, minister says * Cuts will be handled on voluntary basis, minister says * Deal to be voted on by workers (Changes sourcing to industry minister, adds no plant closures in paragraphs 6-7) By Alvise Armellini ROME, April 9 (Reuters) - Italy's government has brokered a deal between Turkish home appliances maker Beko...
CK Hutchison invested $1.7 billion in Panama, surpassing obligations, it says
CK Hutchison invested $1.7 billion in Panama, surpassing obligations, it says
Apr 9, 2025
(Reuters) - A company controlled by Hong Kong-based CK Hutchison ( CKHUF ) has invested $1.7 billion in two ports near the Panama Canal, it said on Wednesday, surpassing the amount required under its contract, which is being audited by Panamanian authorities. Panama Ports Company (PPC), in which CK Hutchison ( CKHUF ) owns a 90% stake, had its 25-year...
Market Chatter: Verizon Attributes Sales Boost to Google AI Tools
Market Chatter: Verizon Attributes Sales Boost to Google AI Tools
Apr 9, 2025
12:07 PM EDT, 04/09/2025 (MT Newswires) -- Verizon (VZ) has seen a nearly 40% sales increase by its customer service team following the deployment of an artificial intelligence assistant developed by Alphabet's (GOOG, GOOGL) Google Cloud unit, Reuters reported Wednesday, citing a Verizon executive. The AI assistant was introduced in July 2024 and scaled across Verizon's 28,000-person service team by...
Copyright 2023-2026 - www.financetom.com All Rights Reserved