Avient signs agreement to divest distribution business to h.i.g. capital for $950 million

Cleveland , aug. 12, 2022 /prnewswire/ -- avient corporation (nyse: avnt), a leading global provider of sustainable and specialized material solutions, today announced it has entered into a definitive agreement to sell its distribution business to an affiliate of h.i.g. capital for $950 million in cash, subject to regulatory approval.
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