As I suspected, Cash magazine has got the wrong end of the stick.
Today's weakness in Clariant's shares can largely be pinned to comments from Evonik's biggest shareholder, who appears to be playing down a deal to reporters at Bloomberg.
Click on the link below to see the Bloomberg piece:
http://www.swissinfo.ch/eng/clariant-drops-as-evonik-owner-shoots-down-takeover-speculation/41465152
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