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Divestiture Feb 2006 Verified

Tyco completes sale of Plastics, Adhesives and Ludlow Coated Products to Apollo

Tyco International Ltd. completed the previously announced sale of its Plastics, Adhesives and Ludlow Coated Products businesses to an affiliate of Apollo Management, L.P. for $975 million in cash.

“On February 16, 2006, the Company completed the previously announced sale of its Plastics, Adhesives and Ludlow Coated Products businesses to an affiliate of private investment firm Apollo Management, L.P. for $975 million in cash.”

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Other Sentiment: Neutral

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