Eastman Chemical : Solutia Dealogic Deal # : 789836
Data as of : 9/27/2012
Target Acquiror Dates & Values
Solutia Eastman Chemical
Target: 100 % stake Buying: 100 % stake Rumored - Deal Value $m 4,754.9
NY SOA 122 m shares outstanding Public (Listed) Announced 27th Jan 2012 Value ex Debt $m 3,502.9
United States United States
Chemicals Chemicals Expected 2Q 2012 Consideration
Deutsche Bank | Advisor Barclays | Advisor Completed -
Perella Weinberg | Advisor Citi | Advisor
Moelis & Co | Advisor Jones Day | Attorney Withdrawn -
Valence Group | Fairness Opinion
Kirkland & Ellis | Attorney Termination Fee, Target $m tbd
Termination Fee, Acquiror $m tbd
Financials 30th Sep 2011
Balance Sheet Debt/Equity: 2.8
Timeline Events Premiums & Multiples
Initial Offer $28
Current Offer $28
Income Statement
Cash Flows
Operations $m 223
Profitability
Profit Margin 14%
Return on Equity 27%
League Table Impact Sector Trend
2012 YTD Announced Global M&A by Deal Value, $bn Monthly Announced Global M&A, $bn: Chemicals
1 Citi 23.7
2 Goldman Sachs 23.2
3 Barclays Capital 19.5
4 JPMorgan 18.4
5 Deutsche Bank 10.9
6 Credit Suisse 9.3
7 SMFG 7.3
8 RBS 7.3
9 BAML 7.3
10 Greenhill & Co 6.8
11 Moelis & Co 6.8
17 Perella Weinberg 4.7
2012 Dealogic. All rights reserved.