South Korean KCC consortium to acquire Momentive Advanced Materials Group for $3.1 billion

A consortium led by KCC, Wonik and SJL agreed to acquire Momentive Advanced Materials Group (MPM) for approximately $3.1 billion, entering the final M&A agreement stage.

“This transaction will not only enable Momentive Group's silicone and quartz businesses to gain stronger professional benefits from KCC and Wonik, but will also expand as the business landscape expands.”haythink.com

• 1 source
• haythink.comAmerican Momentive To Be Acquired By South Korean KCC For $ 3.1 Billion - Global Leading Information Platform For Advanced Materials And TechnologiesJan 15, 2024

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