Hanwha Chemical unit offers to buy U.S. auto materials maker CSP

Hanwha Solutions

07/06/2016 01:22

SEOUL, June 7 (Reuters) - South Korea's Hanwha Chemical Corp 
 009830.KS  on Tuesday said its unit Hanwha Advanced Materials 
Corp has submitted a letter of intent to buy U.S.-based 
automotive materials supplier Continental Structural Plastics 
(CSP). 
    The deal could be worth about $600 million, Maeil Business 
Newspaper reported.    
 
 (Reporting by Hyunjoo Jin; Editing by Stephen Coates) 
 ((hyunjoo.jin@thomsonreuters.com; 82-2-3704-5685; Reuters 
Messaging: hyunjoo.jin.thomsonreuters.com@reuters.net)) 
 
Keywords: CSP M&A/HANWHA CHEMICAL