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Europe Daily Bulletin No. 7853

1 December 2000
Contents Publication in full By article 30 / 49
ECONOMIC INTERPENETRATION / (eu) chemicals

The American BFGOODRICH (turnover of 5.5 billion in 1999) announced the sale of its chemical products division PERFORMANCE MATERIALS for USD 1.4 billion to a group of investors lead by AEA INVESTORS, among which are notably DEUTSCHE BANK CAPITAL PARTNERS. The chemical division in question, specialised in polymers and additives for textiles or dyes, had a turnover of 1.2 billion in 1999. After this sale, GOODRICH will get 84% of its turnover in aeronautics and employ 24,000 people.

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION