Chemtura Corp (fka CHMT)

[johnny2525]

March 6 2009
Dow is also in talks with potential buyers to sell its agricultural chemicals business, which analysts have said could bring $7 billion, but that price has come down over the last two months, according to people briefed on the situation.

Several companies have expressed interest in the unit, including the buyout firms Blackstone Group and Kohlberg Kravis Roberts & Company, as well as the BASF Group. The unit has also received interest from a rival Swiss chemicals company, Syngenta.

http://www.nytimes.com/2009/03/07/business/07chemical.html?_r=1

I just thought this was interesting just for the simple fact that these other companies were looking to purchases Dows ag business back in March and nothing happened. Just thinking out loud but why wouldnt they be in the mix now the chemtura might be looking to sell there ag business. This article talked about 7 Billion for Dow, well Chemtura looks like a steal at 1 billion. Of course I dont know anything about the finances by the way. Just thinking out loud.