Thursday, April 02, 2009

Solutia agrees to sell integrated nylon business

Solutia Inc.'s integrated nylon business is set to be acquired by SK Capital Partners, a transformational private investment firm, by April 30. The acquisition of downturn-afflicted Solutia's nylon buusiness is said to generate superior value for SK Capital Partners' by combination of strategic repositioning, enhanced management and operational execution.

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