IHS Chemical Week

Regions :: Western Europe :: Switzerland

H.B. Fuller to Exit Automotive JV

1:15 PM MDT | October 11, 2007 | CW Editorial Staff

H.B. Fuller says it has agreed to sell its stake in an automotive joint venture to EMS Chemie Holding (EMS; Männedorf, Switzerland), the principal partner of the jv, for $80 million. Fuller says it expects the deal to close by the end of the fourth quarter, following customary closing conditions and regulatory approvals. The deal will be immediately accretive to return on gross investment, and generate a one-time positive impact to pre-tax income of $10 million-$13 million, including the expected gain on the sale, partially offset by certain...

This information is only available to Chemical Week subscribers.

Username:
Password:

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

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

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

 

 

 













 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2012 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa