3M makes $448m. bid for abrasives manufacturer Winterthur
By Jessica Roberts
Published: Tuesday, 07 December 2010
Global materials group offers $63.56 per share for Swiss abrasives company
Materials
development group 3M has offered $448m. to acquire
Switzerland-based abrasive tool manufacturer, Winterthur
Technologie AG, in a move to expand its existing abrasives
division.
3M’s acquisition, which values Winterthur shares at
$63.56 each, has been...