H.B. Fuller Closes Sale of Powder Coatings Business
05-Dec-2006
H.B. Fuller Company announced that it has completed the sale of its powder coatings business to The Valspar Corporation. The Company anticipates this transaction will generate a one-time positive impact to pre-tax income of $64 to $68 million in the fourth quarter. This includes the gain on the sale, partially offset by certain transaction-related costs.
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