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Thursday, June 17, 2021

C-Suite Advisory

Blackstone Group LP in Talks to Buy MatlinPatterson’s Polymer Group Inc.

Private-equity firm Blackstone Group LP (BX) is in exclusive, early-stage talks to buy chemical company MatlinPatterson's Polymer Group Inc. (POLGA). Polymer is majority-owned by MatlinPatterson Global Advisors, a New York-based investment firm. MatlinPatterson has been trying to sell Polymer, in which it the largest shareholder, for months. MatlinPatterson Global Advisers...
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