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Merck KGaA mulling sale of pigments unit - Bloomberg

Nov. 19, 2019 1:19 PM ETMerck KGaA ADR (MKGAY) StockMKGAYBy: Douglas W. House, SA News Editor
  • Bloomberg reports that Merck KGaA (OTCPK:MKGAY) is exploring the sale of its pigments business as it faces a slowdown in the auto sector. The unit could fetch 1.5B euros ($1.7B).
  • A company spokesperson declined to comment.

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