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Every Sudarshan Chemical Industries merger & restructuring announcement on NSE and BSE, newest first, each with its own page.
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Sudarshan Chemical completed sale of VP4 Frankfurt GmbH to Celanese for about Rs 795.9 crore. VP4 Frankfurt is no longer a step-down subsidiary.
Sudarshan Chemical Industries Limited will divest its 100% stake in step-down subsidiary VP4 Frankfurt GmbH to Celanese US Holdings LLC. The cash transaction is valued at EUR 76.5 million.
Sudarshan Chemical is selling its 100% stake in subsidiary VP4 Frankfurt GmbH to Celanese US Holdings for EUR 76.5 million (approx. ₹841.5 Crore).
Sudarshan Chemical's subsidiary will acquire a manufacturing plant in Muttenz, Switzerland, from Clariant Additives for a base price of CHF 7 million plus inventory value.