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Arkema announced its intention to divest its Functional Polyolefins business to SK Global Chemical for an enterprise value of €335 million. The disposal is expected to be finalized in Q2 2020.
“Subject to an on-going consultation process involving Arkema's employee representative bodies and to the approval of the relevant antitrust authorities, the disposal is expected to be finalized in 2Q 2020.”doi.org
Summarized from public sources; check the original articles before acting on it.