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Kerr-McGee plans separation of its chemicals business

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Published in issue 15/2005
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The US Kerr-McGee group reports that it considers the separation of its chemicals operations that generated sales of US$1.4bn in the year 2004. The possibilities include a spin-off or sale. The Board authorised the company to proceed with a share repurchase programme initially set at US$1bn. With a capacity of 624,000 ...

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