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Sun Chemical Sells KPG Shares

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

Sun Chemical Corporation announced that Eastman Kodak Company will become the sole owner of graphic arts supplier Kodak Polychrome Graphics (KPG) through redemption of Sun Chemical’s 50 percent interest in the joint venture. Completion of the deal, which will exceed $800 million in cash, is expected in April. Currently, Kodak and Sun Chemical each own half of KPG, a joint venture established in 1998.

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