Air Liquide May Sell Schuelke Unit, Sources Say -- Reuters

Date : 11/07/2019 @ 7:18PM
Source : Dow Jones News
Stock : Air Liquide SA (AI)
Quote : 129.4  2.05 (1.61%) @ 4:40PM
Air Liquide share price Chart

Air Liquide May Sell Schuelke Unit, Sources Say -- Reuters

Air Liquide (EU:AI)
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--Air Liquide (AI.FR) has hired J.P. Morgan (JPM) to help in the sale of the French company's Schuelke unit, Reuters reported Thursday, citing "people close to the matter."

--A deal for Germany's Schuelke, maker of hygiene products, could fetch up to $1.1 billion, the report said.

--Both Air Liquide and J.P. Morgan declined to comment, the report said.

 

Full story: https://www.reuters.com/article/us-air-liquide-divestiture-exclusive/exclusive-air-liquide-puts-german-disinfectants-maker-schuelke-on-the-block-sources-idUSKBN1XH2A1

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

November 07, 2019 14:03 ET (19:03 GMT)

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