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August 9, 2005
By: KERRY PIANOFORTE
Editor, Coatings World
Goodyear has sold its specialty chemical business, based in France, and certain specialty chemical-related U.S. assets to Littlejohn & Company, LLC, a private equity firm based in Greenwich, CT. The sale reflects Goodyear’s long-term strategy to sell non-core assets and reduce company debt, according to Sam Gibara, chairman and CEO.
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