A PYMNTS Company

U.S.: 3M gets one more nod for ceramics buyout

By  |  November 20, 2012
U.S.: 3M gets one more nod for ceramics buyout

Tech company 3M has been cleared by several antitrust authorities around the globe to purchase ceramics maker Ceradyne Inc for about $869 million. 3M has announced that the U.S., Austria and Germany are amongst the nations who have approved the deal. The technologies company has a broad range of specialization, including graphics and displays services, security services, communications and electronic product design and manufacturing, and health care. The purchase of Ceradyne is expected to expand 3M’s ceramics portfolio for their use of ceramics in paints, automotive parts, windmill applications and dental products.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    Subscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Full Content: Daily Finance

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.