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Dow Advances Strategic Focus With Sale Of Flexible Packaging Laminating Adhesives Business To Arkema



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May 2 (Reuters) -Dow Inc DOW.N:

  • DOW ADVANCES STRATEGIC FOCUS WITH SALE OF FLEXIBLE PACKAGING LAMINATING ADHESIVES BUSINESS TO ARKEMA

  • DOW INC - TRANSACTION VALUE IS $150 MILLION OR APPROXIMATELY 10 TIMES FORECASTED 2024 EBITDA

  • DOW INC - TRANSACTION IS EXPECTED TO CLOSE BY END OF 2024, SUBJECT TO REGULATORY APPROVAL

  • DOW INC: FIVE MANUFACTURING SITES IN ITALY, UNITED STATES AND MEXICO WILL TRANSFER TO ARKEMA

  • DOW INC - SIGNED DEAL TO SELL FLEXIBLE PACKAGING LAMINATING ADHESIVES BUSINESS, WITHIN DOW'S PACKAGING & SPECIALTY PLASTICS SEGMENT, TO ARKEMA

Source text for Eikon: ID:nPn4kBJZla

Further company coverage: DOW.N


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