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MG tech repositions to focus on engineering.(breaking news Roundup)(MG Technologies AG will divest chemical operations)(Brief Article)

German conglomerate MG Technologies AG has decided to divest all its chemicals operations in order to focus solely on engineering. The company will seek to sell subsidiaries Dynamit Nobel and Solvadis for "significantly more than" 2 billion [euro] ($2.3 billion). Specialty chemicals producer Dynamit Nobel has sales of around 2.5 billion [euro] while chemicals distributor Solvadis ...

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