Ciech in bid for FMC

Poland’s Ciech is interested in acquiring FMC Corp.  soda-ash business, Bloomberg reported citing anonymous sources. American company is waiting for the final offers to be handed till the end of this week. There are also Advent International Corp., Compass Minerals International Inc. and Bain Capital Partners among potential bidders. According to Bloomberg, the transaction may be worth PLN 5.64 bln ($1.5 billion). WSE-listed Ciech and other mentioned by Bloomberg firms declined to comment on this matter. The Ciech Chemical Group comprises 9 companies. It noted a net profit of over PLN 39 million in 2013.