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November 14, 2000
By: TOM BRANNA
Editor
Henkel has appointed an investment bank to support Henkel and Cognis in a structured process in order to find a suitable partner for Cognis, the company announced on Nov. 14. The partner could be an industrial partner or a private equity investor. All options will be evaluated, including the sale of a majority stake in Cognis or the company as a whole. In a statement, Henkel said the decision on Cognis will take into consideration that the future partner will guarantee the best possible developm...
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