Tuesday 2 June 2015

RARE ALERT: Evonik said to have rekindled EURO 25 billion merger with Royal DSM - part 4

Swiss chemicals company Clariant is taking a bit of a pasting this morning - shares down almost 4pc - thanks to Cash magazine, the Swiss media group that once attempted a piss poor hatchet on me after I broke the story about the Agnelli's interest in buying a stake in Swiss Re.

Cash is reporting via Twitter:

According to market rumours, officially denies any interest in Basel based , putting its shares under heavy pressure.

I'm not sure, though, how much credibility I would attach to that...


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