DuPont Europe divestitures all PVB diaphragm busin

2022-06-19
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Divestiture of all PVB membrane businesses of DuPont Europe

divestiture of all PVB membrane businesses of DuPont Europe

october28,2014

[China paint information] Kola Li signed an agreement to sell the European PVB (polyvinyl butyral) membrane business (formerly owned by the European subsidiary of DuPont chemical company), Including the production equipment and automatic data display equipment in uentrop and the R & D center in mehlen, Belgium (hereinafter referred to as "the transaction"), with a total enterprise value of about 12million euros. The adjustment of net cash/balance of liabilities and net capital of business order analogy industry is improving the competitiveness of international shopping malls to the level of GVC S.A. in a larger scale. GVC S.A. is a subsidiary of GVC Holdings Co., Ltd. Keloli's transaction was subject to the conditional approval of DuPont's Vinyl business obtained by the European Commission, which was closed on june1,2014 (local time in the United States)

after regulatory approval, the transaction is expected to be closed and terminated in january2015. The closing of the transaction is also subject to the conditional approval of the European Commission

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