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Business

Ferro sells plastics unit

August 28, 2006 | A version of this story appeared in Volume 84, Issue 35

Ferro has reached a definitive agreement to sell its specialty plastics business to Wind Point Partners, a private equity investment firm with offices in Chicago and Southfield, Mich. The deal, worth about $133 million in cash to Ferro, is expected to close in the third quarter of 2006.

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