TITLE

Ferro seeks revival after slumber

AUTHOR(S)
Chang, Joseph
PUB. DATE
June 2006
SOURCE
Chemical Market Reporter;6/5/2006, Vol. 269 Issue 22, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the plan of Ferro Corp. to sell its $270 million specialty plastics division as part of the willingness of CEO Jim Kirsch to get rid of underperforming assets in the company's business portfolio in the U.S. Credit Suisse analyst John McNulty approximates the sale price at $120-135 million. According to McNulty, the selling of the asset would bring positive effects to the company.
ACCESSION #
21185692

 

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