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Fimalac Signs Letter of Intent to Sell LBC Subsidiary to One Equity Partners.


Business Editors

PARIS Paris, in Greek mythology
Paris or Alexander, in Greek mythology, son of Priam and Hecuba and brother of Hector. Because it was prophesied that he would cause the destruction of Troy, Paris was abandoned on Mt.
 & CHICAGO--(BUSINESS WIRE)--Sept. 15, 2003

Fimalac has signed a letter of intent and entered negotiations to sell its LBC LBC Luton Borough Council
LBC Liquid Based Cytology
LBC Lebanese Broadcasting Corporation
LBC Lancaster Bible College (Pennsylvania)
LBC Long Beach California
LBC Long Beach City
LBC Albanian Airlines
 subsidiary to One Equity Partners LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, a private-equity group, the companies confirmed today. LBC is a leading player in the global bulk chemical storage market.

Completion of any transaction will depend on a number of conditions, including final agreement on price, completion of due diligence, and regulatory clearances.

One Equity Partners manages $3.5 billion of investments and commitments for Bank One Corporation, which has assets of nearly $300 billion, making it one of the top 50 banking companies in the world. One Equity Partners manages direct private equity transactions as well as venture and management buyout funds.

(REUTERS : LBCP.PA)(BLOOMBERG : FMLCF)(SICOVAM SICOVAM Société Interprofessionelle pour la Compensation des Valeurs Mobilières  : 3794.PA) (Isin : FR0000037947)
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Publication:Business Wire
Geographic Code:8AUST
Date:Sep 15, 2003
Words:131
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