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AlliedSignal Completes Purchase of Pharmaceutical Fine Chemicals S.A.


MORRIS TOWNSHIP There are several places named Morris Township in the United States:
  • Morris Township, Minnesota
  • Morris Township, New Jersey
  • Morris Township, Clearfield County, Pennsylvania
  • Morris Township, Greene County, Pennsylvania
, N.J.--(BUSINESS WIRE)--June 19, 1998-- AlliedSignal Inc. (NYSE NYSE

See: New York Stock Exchange
: ALD ALD
abbr.
adrenoleukodystrophy


ALD,
n.pr See adrenoleukodystrophy.


ALD

aldolase.
) said today that it has completed its acquisition of Pharmaceutical Fine Chemicals S.A. (PFC PFC
abbr.
private first class

Noun 1. PFC - a powerful greenhouse gas emitted during the production of aluminum
perfluorocarbon
) of Lugano, Switzerland, from an investor group led by Donaldson, Lufkin & Jenrette's (NYSE: DLJ DLJ Distributor License for Java
DLJ Donaldson, Lufkin & Jenrette Inc.
DLJ Drive Like Jehu (band)
DLJ Defence Laboratory Jodhpur (India)
DLJ Dead Letter Journal
) Merchant Banking Group. Terms of the agreement were not announced.

PFC, a fast-growing producer and distributor of active and intermediate pharmaceutical fine chemicals, will be part of AlliedSignal's Specialty Chemicals business.

AlliedSignal Specialty Chemicals (www.specialtychem.com) is a global custom manufacturer and supplier of specialty and fine chemical products for a diverse range of applications. AlliedSignal Inc. is a $14.5-billion advanced manufacturing and technology company serving customers worldwide with aerospace and automotive products, chemicals, fibers, plastics and advanced materials.

This release contains forward-looking statements as defined in Section 21E of the Securities Exchange Act of 1934, including statements about future business operations, financial performance and market conditions. Such forward-looking statements involve risks and uncertainties inherent in business forecasts.

   CONTACT: AlliedSignal Inc., Morris Township
             Tom Crane
             (973) 455-6073


COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Article Type:Article
Geographic Code:4EXSI
Date:Jun 19, 1998
Words:171
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