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Ineos to sell some US assets?

Leverage
By Paul Hodges on 13-Oct-2008
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The UK’s Sunday Telegraph newspaper reports that ‘Ineos, the chemicals group which is one of Britain’s biggest private companies, is considering selling assets in an effort to reduce its debt burden’. It adds that ‘the company, which has expanded rapidly through debt-fuelled acquisitions, is understood to be looking at disposing of a number of businesses in the US, according to people familiar with its plans’.