Sale sign over GE Plastics?

Chang, Joe; Baumgarten, Stefan; Gibson, Jane
January 2007
ICIS Chemical Business;1/15/2007, Vol. 2 Issue 49, p4
Trade Publication
The article reports on the need for General Electric to sell its GE Plastics business for $10 billion. This is because the business is attractive to both strategic and private equity investors. Bidders could include Badische Anilin und Soda-Fabrik AG, Dow Chemical and Saudi Arabia's Saudi Basic Industries Corp., along with private equity firms, according to Citigroup analyst PJ Juvekar.


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