1. Activist Builds 15.1 Percent Clariant Stake, Fights Huntsman Deal

    Activist Builds 15.1 Percent Clariant Stake, Fights Huntsman Deal

    The logo of Swiss specialty chemicals company Clariant is seen at the company's headquarters in Pratteln, Switzerland...

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    1. Unfortunately, we remain convinced, and increasingly so, that the proposed merger is detrimental to Clariant shareholders.
    2. The terms of the proposed merger significantly undervalue Clariant's shares while they simultaneously overvalue Huntsman at the peak of its cyclical commodity business cycle.
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