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Clariant CFO sees possible pigment unit sale by end of first-half 2021

ZURICH (Reuters) - Clariant could sign a deal with a buyer of its pigments unit toward June 2021, Chief Financial Officer Stephan Lynen said on Thursday, although regulatory approvals could take completion of a transaction into the end of the second half.

“In the course of the first half we might see, more toward the end of the first half, a potential signing of a deal,” Lynen said on a call with reporters, adding the Swiss specialty chemicals maker hopes to have a new chief executive officer to replace interim boss Hariolf Kottmann by early 2021.

Reporting by John Miller; Editing by Michael Shields

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