Huntsman and Clariant think they offer the perfect mix: a $14 billion merger of equals without overlapping businesses or rivalries but with hugely valuable cost savings. Investors are excited about this chemical industry tie-up: stock in Switzerland based Clariant rose almost 10% in early trading. Huntsman shares were up 6% premarket. But they should ask hard questions about exactly where the $400 million cost savings are going to...

Source: Wall Street Journal May 22, 2017 13:52 UTC