Urethane Films Maker Exploring Sale

JPS Industries (Greenville, SC), a maker of urethane films, has retained the investment bank Houlihan Lokey to explore “strategic alternatives,” including a possible sale or other M&A activity. Last year, the company rejected an $8/share offer from Steel Partners Holdings (New York), a diversified holding company. The company “believes engaging Houlihan Lokey to manage a complete process to explore strategic alternatives is the best way to maximize value for all shareholders,” says CEO Michael Fulbright.   JPS reported a net loss...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers