Huntsman Corporation (NYSE: HUN) today announced that in late 2005 it received an indication of interest regarding an acquisition of all of the outstanding stock of the Company. 

The Wall Street Journal reports the leading candidate to lead the takeover is Apollo Management.

INFO SOURCES

Huntsman Corporation (NYSE: HUN); The Wall Street Journal

FIRMS

Huntsman is a global manufacturer and marketer of differentiated and commodity chemicals. Its operating companies manufacture basic products for a variety of global industries including chemicals, plastics, automotive, aviation, footwear, paints and coatings, construction, technology, agriculture, health care, textiles, detergent, personal care, furniture, appliances and packaging. Originally known for pioneering innovations in packaging, and later, rapid and integrated growth in petrochemicals, Huntsman today has 11,300 employees, 57 operations in 22 countries and had 2004 revenues of $11.5 billion.

Special interest: arkerma

ADVISORS

Huntsman Corporation (NYSE: HUN) has engaged Merrill Lynch & Co. and SG Cowen & Co., LLC as financial advisors, and Vinson & Elkins L.L.P. and Weil, Gotshal & Manges LLP as legal advisors.