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Armstrong withdrawing from European market and freezing payments to subsidiary

Armstrong DLW GmbH looking for a way to safeguard future after insolvency

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Published in issue 1/2015
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The US flooring group Armstrong World Industries Inc. (AWI), based in Lancaster, Pennsylvania, is to withdraw from the European market. The company has been exploring strategic options for its European activities since June 2014, including a sale. In a statement released on 11 December, the group said that it had not ...

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