Mergers & Acquisitions Mergers & Acquisitions

Celanese amends DuPont deal in bid for EU approval

By Natalie McNelis
  • 21 Sep 2022 14:10
  • 21 Sep 2022 14:45
Chemical producer Celanese has offered to amend its $11 billion bid for rival DuPont’s engineering polymers business in an attempt to win EU clearance, according to an update on the European Commission’s website today.

The commission responded by extending its deadline to decide on the acquisition until Oct. 11.

Celanese submitted the proposal

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Natalie McNelis

Senior Correspondent

Natalie McNelis covers mergers for MLex in Brussels. Before joining MLex in 2017, she spent 20 years as an international trade and competition lawyer in law firms including Stibbe and WilmerHale. Natalie has a BA in English from Mount Holyoke College, a JD from Harvard Law School and an LLM in EU law from KU Leuven. She is admitted to the bar in New York.

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