(BFW) Clariant Preparing Legal Framework for Spinoff Largest Unit: FuW


Clariant Preparing Legal Framework for Spinoff Largest Unit: FuW
2015-09-02 18:38:11.344 GMT


By James Kraus
(Bloomberg) -- Sale or transfer of plastics & coating
division to joint venture not on the agenda for next 3-5 yrs,
Finanz und Wirtschaft reports, citing CEO Hariolf Kottmann.

* Goal is to be in a good position for a possible “plug in -
plug out” transaction
* NOTE: Clariant to Separate Plastics, Coatings Unit in Profit
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To contact the reporter on this story:
James Kraus in Geneva at +41-22-317-9232 or
jkraus2@bloomberg.net
To contact the editor responsible for this story:
Mariajose Vera at +49-89-244478-803 or
mvera1@bloomberg.net