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M&G Chemicals has completed the issue of $300 Million in new equity to TPG

Jan 19, 2015 - PR Newswire
Mergers and Acquisitions

M&G Chemicals announces it has completed its issue of the USD 300 million in new equity to TPG Opportunities Partners and affiliated funds ("TPG"), as first announced in a November 13, 2014 press release.

All customary regulatory approvals were recently received, paving the way for execution of the transaction.

As a part of the issuance of new equity, TPG has taken a minority stake in the Company.

Marco Ghisolfi, CEO of M&G Chemicals, welcomed TPG on Thursday, January 15, at M&...