Quaker Chemical and Houghton International received final approval for merger

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Capital Market
Last Updated : Jul 25 2019 | 4:04 PM IST
GOCL Corporation announced that Quaker Chemical Corporation (NYSE: KWR) and Houghton lnternational have on 23 July 2019 received approval from the United States Federal Trade Commission for their combination; this was the final approval required; and the approval is subject to the divestiture of certain product lines comprising approximately three percent of combined company revenue.

The company has been informed that the divestiture will occur concurrent with the close of the combination which is expected to be on 01 August 2019.

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First Published: Jul 25 2019 | 3:40 PM IST

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