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News Breaks
January 7, 2014
08:38 EDTPOLPolyOne committed to deliver 50c of EPS accretion in 2015
PolyOne announced additional realignment actions to better serve customers and to increase utilization of its manufacturing assets in North America. These actions will include aligning assets that were acquired as part of the 2013 acquisition of Spartech with PolyOne's Performance Products and Solutions segment. These assets are primarily located in Ramos, Mexico and will now operate within Producer Services, a business unit of PP&S, which has headquarters in Seabrook, Texas. PolyOne Corporation said "We continue to see upside opportunities to expand our portfolio of offerings and better serve our customers, and we remain committed to delivering 50c of EPS accretion from the deal in 2015." As a result of the realignment, PolyOne has adjusted its segment information for each of the first three quarters of 2013, as shown on Exhibit A, as well as on the Current Report on Form 8-K furnished to the SEC concurrent with the issuance of this release.
News For POL From The Last 14 Days
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February 4, 2016
11:25 EDTPOLPolyOne downgraded to Hold from Buy at Wellington Shields
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09:34 EDTPOLPolyOne downgraded to Neutral from Buy at Northcoast
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February 3, 2016
07:05 EDTPOLPolyOne 'on track' to achieve 2020 Platinum Vision
07:05 EDTPOLPolyOne reports Q4 adjusted EPS 39c, consensus 42c
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06:47 EDTPOLPolyOne acquires certain TPE assets from Kraton Performance
PolyOne (POL) announced it has acquired certain technologies and assets from Kraton Performance Polymers (KRA). The two companies also entered into a supply agreement, whereby Kraton will provide PolyOne certain raw materials used in production for the acquired business. The end markets utilizing the acquired technologies span new and fast growing applications in adhesive and removable protective films, as well as existing applications served by PolyOne, such as packaging, medical devices and personal care products. The purchase price of $72M represents a multiple of 9x EBITDA.

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