Union Carbide, a wholly owned subsidiary of Dow, has completed the divestiture of its ownership in the Optimal Group to Petronas for an equity value of US$660 mln. The proceeds from this transaction wwill be used for further debt reduction, in-line with the company's de-leveraging plan.
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Monday, October 05, 2009
Union Carbide completes divestiture in Optimal Group to Petronas
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