Seeking Alpha

ATMI to sell LifeSciences ops to Pall for $185M

  • ATMI (ATMI) has agreed to sell its LifeSciences unit to Pall Corp. (PLL) in a deal worth $185M, with after-tax proceeds to be $165M.
  • The sale is part of ATMI's "ongoing exploration of strategic alternatives," the company said.
  • The assets of the LifeSciences business include two Belgian sites and a shared facility in Minnesota. (PR)
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