Lanxess to buy Chemtura for $33.50 per share in cash
Sept 25 (Reuters) - Germany's Lanxess AG said on Sunday it would buy U.S.-based specialty chemical company Chemtura Corp for $33.50 per share in cash.
The world's largest synthetic rubber maker said it has secured bridge financing for the deal which has an enterprise value of about 2.4 billion euros ($2.69 billion).
($1 = 0.8913 euros) (Reporting by Ismail Shakil in Bengaluru; Editing by Sandra Maler)
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