Industry Update: Commodity Chemicals

Industry Highlights

  • On October 18, 2022, LG Chem, Ltd. and AVEO Oncology, a commercial stage, oncology-focused biopharmaceutical company committed to delivering medicines that provide a better life for patients with cancer, announced that they entered into a definitive agreement under which LG Chem will acquire AVEO for $15.00 per share in an all-cash transaction with an implied equity value of $566 million.
  • On September 26, 2022, GCP Applied Technologies, a leading global provider of construction products, announced that the agreement to be acquired by Saint-Gobain has closed. Saint-Gobain has acquired all of the outstanding shares of GCP Applied Technologies for $32.00 per share, in cash, in a transaction valued at approximately $2.3 billion.

Past Industry Updates

Commodity Chemicals: August 2022

Commodity Chemicals: April 2022

Commodity Chemicals: February 2021

Commodity Chemicals: October 2020

Commodity Chemicals: July 2020

Commodity Chemicals: October 2019

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