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Clariant sticks to extra $1 billion payout, scrubs dividend in crisis

Clariant is scrapping a regular dividend as it hunkers down to survive the COVID-19 crisis, the Swiss specialty chemicals maker said on Thursday, while still planning a special $1 billion payout from asset-sale proceeds, if they go through.

    

Written by

Peter Zirbes, ESQ. A Full Service Law Office 718 544 6300