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ITW sells majority stake in Wilsonart to CD&R

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Published in issue 35/2012
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The US conglomerate Illinois Tool Works Inc. (ITW), headquartered in Glenview/Illinois, is set to sell a 51% stake in its Decorative Surfaces division to the private equity firm Clayton, Dubilier & Rice (CD&R). ITW and CD&R announced that an agreement to this effect had been signed on 16 August. ITW is to receive ...

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