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Rockwood Completes Sale of Novasep

12:13 PM MDT | July 23, 2007 | Chemical Week Editorial Staff

Rockwood Holdings says it has completed the sale of its 78.6% stake in active pharmaceutical ingredients manufacturer Groupe Novasep (Pompey, France) to a consortium of private equity investors, in a deal valued at approximately €425 million ($566 million). The buyers comprise Gilde Buyout Partners, Banexi Capital, and Groupe Novasep management, which owns the remaining 21.4% of Groupe...

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