Lonza sells remaining stake in Italy's Polynt

30 April 2008 08:04  [Source: ICIS news]

MUMBAI (ICIS news)--Switzerland-based Lonza sold its remaining 3.37% stake in Italian petrochemical producer Polynt for €3.67/share to to Polimeri Speciali, the health care and life science supplier said on Wednesday.

Lonza earlier held a minority 31% stake in Polynt since its listing on the Milan bourse in October 2006.

Lonza is a leader in the chemical and biotechnological production and support of active pharmaceutical ingredients.

($1 = €0.64)

By: Aaron Rodrigues
+65 6780 4359

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