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Royal DSM to Sell Solar Coating Business in a €1.6 Billion Deal

The company is expected to receive €1.4 billion in cash upon closing of the transaction

October 1, 2020

/ Harsh Shukla
/ Finance and M&A, Solar
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Royal DSM, a  Netherlands-based multinational corporation, has decided to sell its Resins & Functional Materials and associated business for an equity value of €1.6 billion (~$ 1.87 billion). The deal for the sale has been signed with German adhesive manufacturer Covestro AG.

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Harsh Shukla

More articles from Harsh Shukla.
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