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Deals Rumor Mill: Total, CST Brands, Concordia Healthcare

By Benjamin Horney (June 3, 2016, 3:34 PM EDT) -- Total SA is seeking suitors for its specialty chemicals and equipment unit, Reuters reported on Friday. According to the report, the business, known as Atotech, could be worth as much as €3 billion ($3.4 billion). Barclays PLC will likely be retained by Total to lead the sale process, the report noted, and roughly a dozen private equity firms are interested in potentially buying the unit. Atotech, which posts annual sales of around $1 billion, makes specialty chemicals and equipment for printed circuit boards and semiconductors. The sale process will probably officially begin after the summer, the report said....

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