3M to Sell Optical Fibre Business to Corning

INDUSTRY NEWS: posted 12 December 2017

PRESS RELEASE:  CORNING, New York, United States -  Corning Inc. has announced that it has entered into agreements with 3M to purchase substantially all of 3M’s Communication Markets Division.

The acquisition is to take place in a cash transaction valued at approximately US $900 million.

The acquisition is expected to close during 2018, subject to customary closing conditions and regulatory approval.

Read the full story here https://www.corning.com/worldwide/en/about-us/news-events/news-releases/2017/12/corning-to-acquire-substantially-all-of-3ms-communication-markets-division.html

Have your say...

Would you like to write your own Comment?

Your Comment

Your Name*
Please enter Your Name
Email Address*
Please enter an Email Address
Comment Subject*
Please enter a Comment Subject
Please enter your Comments
RefreshPlay AudioHelp
I agree to the terms of use.
Please agree to the terms

There were errors. Please see the messages above.