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Arkema expands Sartomer’s product offering with the acquisition of Lambson

Arkema announces a project to acquire Lambson, a company specializing in photoinitiators for curing, a technology meeting the demands of cutting-edge markets such as electronics, 3D printing, digital ink, composites and high performance coatings. These solutions will complement the offering of Sartomer, a global leader in photocure resins, while helping speed up its development in this fast-growing market. This deal will further strengthen the share of specialties in Arkema’s product portfolio, in line with its long-term ambition.

Clariant to focus on its core high value specialty businesses

Clariant to focus on its core high value specialty businesses
• Due to the current market conditions, Clariant and SABIC decided to temporarily suspend the negotiations regarding the intended formation of the Business Area High Performance Materials
• The decision was taken to safeguard the best interests of the respective shareholders of both companies
• Clariant will focus on its existing core Business Areas Care Chemicals, Catalysis and Natural Resources and will continue to concentrate on providing best customer experience and fast, reliable customer fulfillment
• Divestment of Pigments is unaffected and will continue as previously announced
• Clariant decided to also dispose of the entire Masterbatches business to maximize value creation potential

Clariant grows sales and operating cash flow in the first half year 2019

Entire Masterbatches and Pigments to be disposed, reclassified to discontinued operations

Sales from continuing operations grew by 4 % in local currency to CHF 2.229 billion
Continuing operations EBITDA before exceptional items softened by 2 % in Swiss francs to CHF 355 million with a 15.9 % EBITDA margin
One-off CHF 231 million provision for an ongoing competition law investigation by the European Commission
Post-provision continuing operations EBITDA was CHF 102 million, net result for the total Group at minus CHF 101 million
Operating cash flow rose by 11 % to CHF 113 million
Outlook 2021: Focused portfolio to achieve above-market growth, higher profitability and stronger cash generation

Bostik to acquire Prochimir, a company specializing in high performance adhesive films

Arkema announces a project for Bostik to acquire Prochimir, a company specializing in high performance thermobonding adhesive films. This acquisition would enable Bostik to broaden its offering of solvent-free thermobonding solutions earmarked for many fast-growing industrial applications in the automotive, construction, textile and medical markets. It would position Bostik among world-leading players in thermobonding films, and is part of Bostik’s strategy to expand through acquisitions targeting leading technologies in a market that remains fragmented.

Xerox To Complete Holding Company Reorganization

Xerox (NYSE: XRX) announced today that it has received all required regulatory approvals for its proposed holding company reorganization. As previously announced, the board of directors of Xerox unanimously approved the holding company reorganization and Xerox shareholders adopted the merger agreement pursuant to which Xerox expects to implement the holding company reorganization at Xerox’s annual shareholders meeting on May 21, 2019. The transaction is expected to close on July 31, 2019.

AGM for financial year 2018/2019 – Heidelberg continues digital transformation quickly

Significantly higher proportion of recurring contract sales to make the company less susceptible to cyclical fluctuations in the future

Focus on improving free cash flow and securing profitability
Annual General Meeting elects Ms. Li Li to the Supervisory Board and approves all items on the agenda with a clear majority

Koenig & Bauer on track to meet 2019 group targets

The management board of Koenig & Bauer AG has carefully noted and analysed the recent ad hoc releases issued by its competitors. On the basis of business performance in the first half of 2019, Koenig & Bauer confirms its revenue and earnings forecasts for the current financial year. Particular focus is being placed on active cost structuring while continuing work on innovative products which enable customers to realise tangible added value.


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