CBT
Cabot CorporationNYSE
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  • Jun. 21, 2012, 7:51 AM

    Cabot (CBT) agrees to acquire Dutch activated carbon manufacturer Norit for $1.1B from U.K. P-E firm Doughty Hanson and Dutch investment firm Euroland Investments. "This acquisition supports the ongoing transformation of our portfolio to a higher margin, less cyclical, specialty chemicals focused company," Cabot CEO Patrick Prevost says. (PR)

    | Jun. 21, 2012, 7:51 AM
  • Aug. 25, 2011, 9:03 AM

    Cabot (CBT) says it will sell its Supermetals unit to Global Advanced Metals in a deal valued at ~$400M in cash, believing that the specialty metals nature of the unit did not fit with the company's long-term direction. "This transaction allows us to focus our resources on growth initiatives in our other businesses," the company says. CBT +2.3% premarket.

    | Aug. 25, 2011, 9:03 AM