The Woodlands-based Huntsman Corp. (NYSE: HUN) will retain a controlling interest in Venator — the pigmants business it’s in the midst of spinning off in an initial public offering right now — for the time being, but that’s only a temporary arrangement, Huntsman’s CEO said on a conference call.

For now, the company’s Venator shares are stuck in a post-IPO lockup period of six months during which insiders cannot trade them, Huntsman CEO Peter Huntsman said on the July 27 call.

And while Huntsman…

Houston Biz Journal
Huntsman enters waiting period before it can sell off shares after recent subsidiary IPO