Arkema: agreement to acquire a Dow business
The project is based on an enterprise value of $150 million (around 10 times expected EBITDA for 2024) and will require around $50 million in implementation costs or capital expenditure over the next three years.
The project should enable Arkema to become a key player in the attractive market for flexible packaging solutions. Subject to the approval of certain competition authorities, it should be finalized in the fourth quarter of 2024.
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