Business Services Industry
Temptation for Ansell.
Australasian Business Intelligence, April, 2003
Apr 01, 2003 (The Australian Financial Review - ABIX via COMTEX)
UK-based SSL International has announced the sale of its latex medical, household and industrial glove businesses. The money will be used to repay debt and invest in its Durex condom and Scholl footwear and footcare businesses. SSL was once considered a possible bidder for Australian glove and condom maker, Ansell. The reverse may now be true, with Ansell considered a possible bidder for the SSL glove business. Such a bid would have to overcome anti-trust issues in both the UK and the US. Ansell shares closed at $A5.43 on 1 April 2003.
Publication Date: 2 April 2003
ANSELL LIMITED - ASX ANN:
SSL INTERNATIONAL:
KIMBERLY-CLARK CORPORATION:
ALLEGIANCE CORPORATION:...
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