Issue Date: October 15, 2007
Rockwood Electronic Chemicals Go To OMG
Rockwood Holdings will sell its electronic chemicals business to OM Group for $315 million. Fifty million dollars of that transaction depends on OMG exercising an option to purchase Rockwood's France-based electronic chemicals assets. The business that OMG is purchasing had sales of $187 million and earnings before taxes of $35.4 million in 2006. Included in the transaction are materials used to make printed circuit boards, ultrapure wet-processing chemicals, and photomasks. Not . . .
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