Kronos /
Louisiana Pigment Company, L.P.
Kronos gains full ownership of Louisiana Pigment Company, L.P.
What happened
Kronos acquired the remaining 50% joint venture interest in Louisiana Pigment Company, L.P., making it an indirect, wholly-owned subsidiary.
The transaction included an upfront cash payment of $185 million, subject to working capital adjustments, and a potential earn-out of up to $15 million.
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Kronos gains full ownership of Louisiana Pigment Company, L.P.
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