Cases & Deals

Eastman Chemical acquires Taminco for $2.8 billion

Clients Eastman Chemical Company

Jones Day advised Eastman Chemical Company in connection with its acquisition of Taminco Corporation, a global specialty chemical company, for $2.8 billion. Under the terms of the agreement, Taminco stockholders will receive $26.00 in cash for each share of Taminco common stock. The acquisition was funded with available cash and debt financing.

In addition to M&A representation, Jones Day provided banking, capital markets, regulatory, and employee benefits advice regarding this transaction.

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