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Invista enters into agreement with Shandong Ruyi

Related Keywords: business to be owned, company that can create, employees, enable business to thrive, entered into a definitive agreement, greatest value for customers, Invista apparel business, knowledge and capability, portfolio, sell Invista Apparel & Advanced Textiles, Shandong Ruyi Investment Holding, stockholders, strategic and valued part, succeed

Invista’s apparel business has always been a strategic and valued part of their portfolio and they want this business to be owned by the company that can create the greatest value for customers, employees and stockholders. In this case, they believe that Shandong Ruyi Investment Holding has the knowledge and capability that will enable this business to thrive the most and succeed over the long term, said Jeff Gentry, Invista chairman and CEO.

IVL to acquire Glanzstoff leading European tire cord manufacturer

Related Keywords: entered into a definitive agreement, Glanzstoff, global chemical producer, Indorama Ventures Public Company Limited, IVL, major European manufacturer of tire cord fabrics, single endcords for high performance tire applications. transaction expected to close during second quarter of this year, to acquire Glanzstoff Group

Indorama Ventures Public Company Limited (IVL), a global chemical producer to acquire Glanzstoff Group has entered into a definitive agreement. Glanzstoff is a major European manufacturer of tire cord fabrics and single-end-cords (SEC) for high performance tire applications. This transaction is expected to close during the second quarter of 2017, subject to regulatory approval.

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