Sale of PolymerLatex completed
Bayer/Degussa joint venture sold to Soros Private Equity Partners
12-May-2003
Bayer and Degussa each owned 50 percent of PolymerLatex, a joint venture established in 1996 that has become a leading supplier of latex products for paper, carpets/molded foam and specialty applications.
Bayer will use the proceeds of this divestment to further reduce net debt.
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