US government shutdown stalls Tronox-Cristal tie-up
Published: Wednesday, 09 January 2019
The continuing saga of Tronox’s takeover of Cristal has gone through another twist, with a budget dispute in the United States stalling progress on the latest attempt to resolve anti-trust concerns.
A budget spat in the United States has put another roadblock
in the way of Tronox’s planned takeover of rival
titanium dioxide producer Cristal.
Tronox’s plan to become the
world’s largest TiO2 producer, by acquiring
Cristal from Saudi Arabian national investment vehicle Tasnee,
was first announced in early 2017....