Clayton Dubilier Picks Up Ashland Unit In $1.8B Deal
Ashland Water Technologies, which produces chemicals for papermaking and industrial water treatment, has recently simplified its organization and increased profitability, the company said. Ashland Inc. posted a fiscal fourth-quarter EBITDA that declined 8 percent from last year amid flat sales, and said it would restructure by focusing on its core specialty chemicals business.
"This divestiture allows us to...
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