Hexcel/Fiberite bid

1997-09-03T00:00:00

Hexcel has dropped its $300 million bid to take over all of Fiberite after anti-trust concerns over the joining of the two US materials companies. Instead, Hexcel will pay $37 million to acquire Fiberite's satellite-composites business and a free world licence to use its prepreg technology for aerospace applications. In ...

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