Monday, July 9, 2007

Carlyle to acquire Sequa for $2 billion

(Reuters) - Sequa said the estate of founder Norman Alexander and related entities, which hold about a 54 percent stake in the company, have agreed to vote in favor of the transaction. Alexander died in December 2006.




Sequa makes aerospace, automotive, metal coating, specialty chemical, industrial machinery and other products.


Read more at Reuters.com Business News

No comments: