Element Solutions to acquire Micromax from Celanese for $500M
SeekingAlpha
🚨 #UOA puts in Celanese $CE drops 13% after hours on weak demand outlook for 2025 despite Q2 earnings beat (1.44 vs. 1.40). Q3 guidance cut to 1.10-1.40/share, citing market softness. @jonnajarian @petenajarian
#ITSNOTANOPTION https://t.co/v59IIuC4BW
@MarketRebels
Celanese shares climb on Q1 beat, plans to divest Micromax
SeekingAlpha
Celanese cuts dividend by 95%, implements cost-cut plans after profit slump https://t.co/XhSvOuWudA https://t.co/VPTi46NSwZ
@Reuters
Celanese cuts 2024 profit forecast on sluggish demand, production snags https://t.co/B6fRmzcUAO https://t.co/mKlhzoN6LQ