ICI sells some businesses to Huntsman

Article Abstract:

Imperial Chemical Industries PLC (ICI) has reached an agreement to sell off some of its industrial chemicals businesses to Huntsman Corp. ICI is selling the businesses for 1.7 billion pound sterling ($2.74 billion). ICI is selling its polyurethanes, titanium dioxide, and selected petrochemicals businesses to Huntsman, the largest privately-owned North American chemicals group. The transaction was expected as both firms were engaged in talks in April 1999.

Comment:

ICI to sell group of industrial chemicals businesses to Huntsman for 1.7 bil pound sterling ($2.74 bil

Industrial Chemicals, Basic Chemical Manufacturing, Abstract, Industrial equipment and supplies industry, Industrial equipment industry, Chemical industry, Imperial Chemical Industries PLC, Huntsman Corp.

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Colt's agrees to acquire Germany's Heckler & Koch

Article Abstract:

Colt's Manufacturing Co. has reached an agreement to acquire Heckler and Koch GmbH. Colt's will acquire the German small-arms maker for slightly more than $100 million (98.7 million euros).

Germany, Heckler und Koch GmbH, Colt's Manufacturing Company Inc.

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Tomkins to sell Smith & Wesson to Saf-T-Hammer for $15 million

Article Abstract:

Tomkins PLC has reached a deal to sell its Smith and Wesson Corp. unit to Saf-T-Hammer Corp. The deal is valued at $15 million (17.1 million euros).

Smith & Wesson Corp., Tomkins PLC, Saf-T-Hammer Corp.

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