Hexcel and Ciba-Geigy to form composites unit

1995-07-19T00:00:00

HEXCEL AND Ciba-Geigy have signed a letter of intent to combine their composite-materials businesses. Under the $220 million deal, Ciba's Composites division would become part of Hexcel, and the Swiss-based pharmaceutical and chemical group would take a 49.9% stake in the combined company, which will have annual sales of more ...

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