Blackstone to buy Aussie chemicals firm for A$750m

Blackstone saw off competition from Bain and a demerger to buy Orica's chemicals unit.

Alison Tudor-Ackroyd

November 19, 2014

Australian explosives maker Orica said on Wednesday that it has agreed to sell its chemicals unit to Blackstone for A$750 million ($648 million).

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].