Article: Armstrong World Industries and NPM Capital Negotiating Sale of Armstrong's European Carpet and Sports Flooring Business.

LANCASTER, Pa., Jan. 11 /PRNewswire-FirstCall/ -- Armstrong World Industries, Inc. and NPM Capital N.V. today announced they are negotiating on the possible sale of Tapijtfabriek H. Desseaux N.V. and its subsidiaries, the principal operating companies in Armstrong's European Textile and Sports Flooring business segment, to NPM Capital N.V. The negotiations have reached the stage where it is expected that the parties will enter into an agreement.

Tapijtfabriek H. Desseaux N.V. and its subsidiaries manufacture and market carpet tiles and broadloom carpet for commercial and residential use in Europe under brand names including Desso(R) and Bergoss(R), and ...

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