DSM sells a large part of the materials business | Financial


DSM had been stuck with its materials branch for some time. Weakness in the automotive industry, among others, was further exacerbated this year by the corona crisis, which meant that these parts had already been dealing with declining revenues for some time.

The Heerlen concern claims to make a book profit from the deal. DSM will receive approximately 1.4 billion euros in cash. Existing debts of the acquired DSM units are also paid. The acquisition is expected to be completed in the first half of next year.

Source link by https://www.telegraaf.nl/financieel/1530187817/dsm-verkoopt-groot-deel-materialentak

*The article has been translated based on the content of Source link by https://www.telegraaf.nl/financieel/1530187817/dsm-verkoopt-groot-deel-materialentak
. If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much!

*We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language.

*We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards!


Please enter your comment!
Please enter your name here