Brief: DSM Completes Sale Of Protective Materials Business

Koninklijke DSM NV

01/09/2022 06:05

Sept 1 (Reuters) - Koninklijke DSM NV  DSMN.AS :
    * DSM COMPLETES SALE OF PROTECTIVE MATERIALS BUSINESS
    * DSM ANTICIPATES A BOOK PROFIT OF AROUND EUR 1 BILLION. DSM
WILL
RECEIVE APPROXIMATELY EUR 1.35 BILLION NET IN CASH
    * TRANSACTION COVERS ALL OF DSM'S PROTECTIVE MATERIALS
ACTIVITIES,
CHIEFLY CONSISTING OF DYNEEMA®
    * TRANSACTION COVERS ALL OF DSM'S PROTECTIVE MATERIALS
ACTIVITIES,
CHIEFLY CONSISTING OF DYNEEMA®. DSM ANTICIPATES A BOOK PROFIT OF
AROUND EUR 1 BILLION

Source text for Eikon:  ID:nPrewvqmFa 
Further company coverage:  DSMN.AS 

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