Avient Corporation: Sale of Distribution business to H.I.G. Capital for $950 million
August 12, 2022
Avient Corporation announced today (August 12th, 2022) that it will sell its Distribution business to H.I.G. Capital for $950 million in cash.
Company expects to receive $750 million in after-tax proceeds.
We published an article on Avient Corporation on July 10th, 2022: Avient Corp: Event-Driven Value Strategy Benefits and a short desk note (available to clients) on July 21st, 2022
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