Ferro seeks revival after slumber

Chang, Joseph
June 2006
Chemical Market Reporter;6/5/2006, Vol. 269 Issue 22, p10
Trade Publication
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.


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