Solutia completes sale of nylon business
Solutia Inc. said Monday it completed the $50 million sale of its nylon business to an affiliate of SK Capital Partners II, a New York-based private equity firm focused on the chemical, material and health-care sectors.
Eastman Chemical Co. announced Friday it plans to buy specialty chemical maker Solutia Inc. in a deal valued at $4.7 billion -- the largest acquisition in Eastman's history.