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IN BRIEF: Synthomer completes acquisition of adhesive resins business

ALN

Synthomer PLC - Essex-based chemicals maker - Completes $1 billion acquisition of the adhesive resins business of Tennessee, US-based chemical company, Eastman. The acquired business will form a new division within Synthomer called Adhesive Technologies. Company says this will expand its geographic footprint and increases its research & development capability.

Current stock price: 307.64 pence, up 0.7%

12-month change: up 25%

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