IHS Chemical Week

People & Business :: Companies

W.R. Grace exits bankruptcy protection (updated)

6:44 PM MST | February 4, 2014 | Robert Westervelt

Grace emerged from bankruptcy protection Monday, ending nearly 13 years of operation under Chapter 11 protection to address asbestos-related claims. Separately, Grace announced Tuesday that its board has authorized a share repurchase program of up to $500 million, or roughly 6.8% of outstanding shares based current market capitalization....

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