Solutia, St. Louis, MO, signed a definitive agreement to sell its resins, additives and adhesives businesses to UCB S.A. (Acquisitions, Expansion).
Solutia, St. Louis Louis, titular duke of Burgundy
Louis, 1682–1712, titular duke of Burgundy; grandson of King Louis XIV of France. He became heir to the throne on the death (1711) of his father, Louis the Great Dauphin. , MO, signed a definitive agreement to sell its resins resins,
n.pl complex, insoluble, sticky substances secreted by plants. Used as astringents, antimicrobials, and antiinflammatories, and are burned as incense. Can cause oral ulcers and epidermal irritations. , additives and adhesives businesses to UCB UCB - University of California at Berkeley S.A. for $500 million, with UCB paying an upfront payment of $10 million for a short period of exclusivity. The sale is expected to close in early 2003.
COPYRIGHT 2002 Lippincott & Peto, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.
|
Printer friendly
Cite/link
Email
Feedback
Reader Opinion