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Henkel closes Cognis sale

This article was originally published in The Rose Sheet

Executive Summary

Consumer products manufacturer completed the sale of its Cognis chemical business in a transaction valued at $2.2 bil., the company announces Nov. 30. Henkel said it would sell its chemical business to focus on strengthening its existing consumer products and industrial services businesses (1"The Rose Sheet" Nov. 19, p. 11). Cognis was purchased by a consortium of investors led by Permira...

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