June 23 (Bloomberg) -- Leon Black, founder of Apollo Management LP, was sued for more than $3 billion by Huntsman Corp., escalating the fight over his attempt to abandon a takeover of the chemicals maker.
Black and Apollo co-founder Joshua Harris engaged in fraud and tortious interference, Huntsman said in a complaint filed today in Texas state court in Montgomery County, north of Houston, where its management is based. The allegations stem from the company's decision in July to accept an offer from Apollo's Hexion Specialty Chemicals Inc. unit over a proposal by Basell Holdings NV.
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