One Equity Buying Columbian Chemicals from DC Chemical  
1/5/2009 7:43:45 AM

One Equity Partners has agreed to acquire the remaining 66.75% stake in Columbian Chemicals Holding LLC that it does not already own, for $150 million. The seller is South Korea-based DC Chemical Co., which partnered with One Equity to buy Columbian Chemicals in 2006 for $600 million from Phelps Dodge Corp.