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Article: Shell Snuffs Out Pipe Business.
- Article from:
- Chemical Week
- Article date:
- December 16, 1998
CopyrightCOPYRIGHT 1998 Access Intelligence, LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Shell is at an advanced stage of negotiations to sell its 50% stake in polyvinyl chloride (PVC) pipe producer Wavin (Zwolle, the Netherlands) to venture capital group CVC Capital Partners (London). The deal is expected to be completed in early 1999. The divestment of Wavin, which has sales of Dfl 1.7 billion($895 million)/year, follows Shell's ...
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