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Friday, 11/21/2014 1:19:34 PM

Friday, November 21, 2014 1:19:34 PM

Post# of 53906
TOT Total receives $2.25B offer for Bostik unit from Arkema

Total (TOT +2.2%) discloses it has received an offer from French specialty chemicals company Arkema to acquire its Bostik wholly owned affiliate that values the adhesives unit at €1.74B ($2.25B).
TOT says it has granted Arkema an exclusivity period to pursue the offer.

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