Lanxess’ poor profitability risks takeover, warns CEO

By Laura Syrett
Published: Monday, 18 August 2014

The German chemical maker’s margins have shrunk as a result of tough conditions in its synthetic rubber business, making it particularly vulnerable at a time of aggressive acquisitions by US companies.

The head of Germany-based Lanxess has said that the company could leave itself open as a takeover target if it fails to rapidly reverse flagging profits for its core speciality...

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