Tronox to acquire titanium 二酸化物 商売／仕事 of Cristal
Feb 21 (Reuters) - 化学製品 製造者 Tronox Ltd 発表するd 計画（する）s on Tuesday to buy the titanium 二酸化物 商売／仕事 of Cristal, a 子会社 of Saudi Arabia's Tasnee, for $1.67 billion cash and new 株.
The 取引，協定 would make Tronox the world's largest 生産者 of the whitening pigment, operating 11 titanium 二酸化物 工場／植物s in eight countries with total capacity of 1.3 million tonnes per year.
Cristal will 持つ／拘留する a 24 パーセント 火刑／賭ける in the new Tronox, which will 含む the 拡大するd pigments 部隊.
The 取引，協定 will help Cristal 支払う／賃金 its 優れた bank 負債 of $1.673 billion in Saudi Arabia, Tronox said in a 声明.
Those banks 含む The Saudi British Bank, an (v)提携させる(n)支部，加入者 of HSBC Holdings, Banque Saudi Fransi, Riyad Bank and Alawwal Bank, Mutlaq al-Morished, the CEO of Tasnee told Al Arabiya TV.
"We have reached this 協定 through a 包括的な evaluation of the entire 資産s of Cristal. We preferred to get just the equivalence of the value of the 負債 of Cristal while the remaining value of the 取引，協定 will be transferred into 株."
Tronox said the cash 部分 of the 取引，協定 is 推定する／予想するd to be partly 基金d through the sale of the alkali 商売／仕事 and other 非，不，無-核心 資産s.
Tronox 推定する／予想するs the 取引，協定 to の近くに before the first ４半期/4分の1 of 2018, 支配する to regulatory 是認s, it said.
Cristal will also get two of Tronox's nine board seats.
Credit Suisse was Tronox's 財政上の 助言者. Kirkland & Ellis LLP and Willkie Farr & Gallagher LLP were its 合法的な 助言者s.
Tronox said it ーするつもりであるs to acquire Cristal's titanium slag 生産／産物 施設 in Jizan, southern Saudi Arabia.
Cristal is owned 79 パーセント by Tasnee and 20 パーセント by 湾 投資 会社／団体 (GIC), which is 平等に owned by the six 明言する／公表するs of the 湾 協調 会議 (ペルシャ湾岸協力会議) and is headquartered in Kuwait. (報告（する）／憶測ing by Komal Khettry in Bengaluru and Reem Shamseddine, 令状ing by Reem Shamseddine; Editing by Shounak Dasgupta/Ruth Pitchford)
