Clariant and Huntsman nix $20 billion deal: Activist shareholder keeps up pressure after scuttling the transaction.

The article reports that activist investor White Tale Holdings is making pressure on Clariant and Huntsman Corp. regarding their merger which was announced in May 2017. Topics discussed include merger was intended to create a larger firm better positioned to compete in specialty chemicals, expand profits, and reduce costs, Huntsman had recently spun off its titanium dioxide pigments business and Clariant must hire an independent financial advisor to assess its options.