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Deals Rumor Mill: Arizona Chemical, Brown Shoe, Pepe Jeans

By Benjamin Horney (December 2, 2014, 6:39 PM EST) -- Arizona Chemical Holdings Corp. is looking into a sale that could value the company at more than $1.5 billion including debt, Reuters reported Tuesday. According to the report, Arizona Chemical, which is most well known for making pine chemicals that are used in fragrances, plastics and household cleaning products, has already pegged an undisclosed financial adviser to help with the sale process. The company is majority owned by private equity firm American Securities LLC....

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