Celanese Announces Agreement to Divest Micromax® Business
Celanese Corporation Celanese Corporation (CE)
Last celanese corporation celanese corporation earnings: 4/27 04:15 pm
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Source: Business Wire
Purchase price of approximately $500 million, subject to adjustment, net proceeds of which will be dedicated to deleveragingCurrent pro forma run rate EBITDA of the business in 2025 is approximately $40 million DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global specialty materials and chemical company, announced today it has signed a definitive agreement to divest the Micromax® portfolio of products to Element Solutions Inc (NYSE: ESI). Under the terms of the agreement, Celanese will receive approximately $500 million in cash, subject to adjustments.“The agreement to divest Micromax benefits Celanese and our shareholders, and we are pleased to have run a successful process that maximizes the value of the asset,” said Scott Richardson, President and Chief Executive Officer of Celanese. “In addition to the value created, the transaction and our commitment to use the transaction proceeds to pay down debt highlight how we are aggressively and prudently taking steps to d
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- Evaluating Celanese (CE) After $1 Billion Debt Tender Offers and Balance Sheet Reset [Yahoo! Finance]Yahoo! Finance
- Celanese Corporation Upsizes and Prices $1.4 Billion Senior Unsecured Notes OfferingBusiness Wire
- Celanese Announces Cash Tender Offers for up to $1,000,000,000 Aggregate Principal Amount of 6.665% Senior Notes due 2027 and 6.850% Senior Notes due 2028GlobeNewswire
- Evercore ISI Remains Cautious on Celanese Corporation (CE) Post-Q3 Earnings, Despite Broader Chemical Stock Rallies [Yahoo! Finance]Yahoo! Finance
- Celanese Corporation to Participate in Fireside Chat with J.P. MorganBusiness Wire
CE
Earnings
- 11/6/25 - Beat
CE
Sec Filings
- 12/4/25 - Form 8-K
- 12/2/25 - Form 8-K
- 11/19/25 - Form 4
- CE's page on the SEC website