Sika Will Pass On Degussa Chem Unit

Sika will probably pass on buying Degussa's (DGX.CE) construction chemicals unit. Though financing would be of little trouble for Sika with relatively low debt, says Kepler, company has posted stronger organic growth - 11% in local currency for 9-months - through innovation.

And next year Sika will be focusing on integrating Sarna acquisition to squeeze most out of purchasing, production and sales synergies of deal. Rates Sika at buy. Shares -0.9% at CHF1,041.

600450 Sika Will Pass On Degussa Chem Unit glassonweb.com

See more news about:

Others also read

Emirates Glass, a Dubai Investment subsidiary, has won a major contract to supply 140,000 square meters of its premium glass to the prestigious development on the Palm Jumeirah, reaffirming its already established reputation as the single most prominent company in the entire regional glass industry.The deal was announced during the company's participation in the prestigious Big 5 show, the largest annual venue for the entire Middle-East glass contracting industry.
Isra Vision Systems AG supplier of machine vision systems, has successfully improved its market position in display glass inspection with a major order totalling 1.8 Mio Euro.
Packagers such as the UK's Rexam and private equity firms are set to vie for pump-sprayer business Calmar, which France's Saint-Gobain (SGOB.
Jain Scientific Glass Works, manufacturers of glassware for laboratories, is importing glass as raw material from China, which was much cheaper than the local product and abundantly available.
The National Lime & Stone Co. will discontinue production of calcined lime early next month at its Carey plant, the company CEO announced Thursday.
The following stocks are moving in Japanese markets today. Prices are as of 12:55 p.m. at the Tokyo Stock Exchange. Stock symbols are in parentheses after company names.

Add new comment