Brief: Solvay Receives A Binding Offer From Composites One

Solvac SA

05/11/2020 12:39

Nov 5 (Reuters) - SOLVAY SA  SOLB.BR :
    * SOLVAY HAS RECEIVED A BINDING OFFER FROM COMPOSITES ONE
    * SOLVAY AND COMPOSITES ONE LLC, HAVE ENTERED AN EXCLUSIVE
NEGOTIATION PERIOD FOR ACQUISITION OF SOLVAY'S PROCESS MATERIALS
(PM) BUSINESS BY COMPOSITES ONE
    * TRANSACTION REMAINS SUBJECT TO PRIOR INFORMATION AND
CONSULTATION PROCEDURES WITH EMPLOYEES AND APPROVAL BY RELEVANT
REGULATORY AUTHORITIES

Source text: https://bit.ly/3p09agQ
Further company coverage:  SOLB.BR 

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