Hoechst Industrial Park to Be Put Up Sale With Multibillion-Euro Price Tag -Handelsblatt
November 26 2021 - 11:27AM
Dow Jones News
--The Industriepark Hoechst near Frankfurt, the second-largest
chemical and pharmaceutical site in Germany, is to be put up for
sale, Handelsblatt reports, citing unnamed sources.
--The sale could generate billions of euros, according to the
newspaper.
--It is so far unclear whether all three major owners--Clariant,
Celanese and Sanofi--will sell their stakes of about a third each
in the park, which hosts more than 90 companies and around 22,000
workers, Handelsblatt says, citing the sources.
Full story in German: https://bit.ly/3xsewWH
Write to Ed Frankl at edward.frankl@dowjones.com
(END) Dow Jones Newswires
November 26, 2021 11:12 ET (16:12 GMT)
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