Brief: Arkema Completes Acquisition Of Dow’S Flexible Packaging Laminating Adhesives Business
Dec 2 (Reuters) - Arkema SA AKE.PA :
* ARKEMA FINALIZES THE ACQUISITION OF DOW’S FLEXIBLE
PACKAGING
LAMINATING ADHESIVES BUSINESS
* DOW'S FLEXIBLE PACKAGING LAMINATING ADHESIVES BUSINESS HAS
ANNUAL SALES OF $250 MILLION
* ACQUISITION BASED ON ENTERPRISE VALUE OF $150 MILLION
* EXPECTED SYNERGIES TO REPRESENT $30 MILLION IN EBITDA
AFTER 5
YEARS
Source text: ID:nBwsq27ba
Further company coverage: AKE.PA
(Gdansk Newsroom)
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