Celanese Corp. (CE) Broke Out To A New High On Joint Venture Deal

Celanese Corp. (CE) and funds managed by Blackstone (BX) announced Monday morning that they have agreed to form a joint venture that will create a global acetate tow supplier. Celanese and Blackstone will own 70 percent and 30 percent of the JV, respectively.

from RTT - Before the Bell http://ift.tt/2sKInKA
via IFTTT