Chemtura Corp., a U.S. chemical maker that emerged from bankruptcy four years ago, said it’s more likely to sell itself than make a major acquisition as it evaluates its strategic options.

“There is a lot of interest in the company and the portfolio,” Chairman and Chief Executive Officer Craig Rogerson said in an interview. “The reality is you create value on a higher probability basis selling than buying right now with the multiples that are out in the market place.”

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