Cabot corporation signs agreement to divest purification solutions business

Boston--(business wire)--cabot corporation (nyse: cbt) announced today that the company entered into an agreement to sell its purification solutions business to one equity partners, a middle market private equity firm, in a transaction valued at $111 million, subject to certain debt-like and other closing adjustments. cabot's purification solutions business is a global leader in the research, development, manufacturing, and sale of high-performing activated carbon used in a range of environment
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