TITLE

Apollo unveils Momentive

AUTHOR(S)
Gibson, Jane
PUB. DATE
December 2006
SOURCE
ICIS Chemical Business;12/18/2006, Vol. 1 Issue 47, p15
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the completion of the acquisition of Momentive Performance Materials, the Advanced Materials business of General Electric, by U.S. private equity firm Apollo. The value of the acquisition is $3.8 billion. Momentive Performance Materials combines General Electric's silicones and quartz businesses with the former joint ventures GE Bayer Silicones and GE Toshiba Silicones.
ACCESSION #
23578707

 

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