Investor group to buy Momentive for about $3.1 bln
An investor group comprised of SJL Partners LLC, KCC Corporation and Wonik QnC Corporation has agreed to acquire Momentive for about $3.1 billion. The deal is expected to close in the first half of 2019. Goldman Sachs and Moelis & Company LLC are serving as financial advisers to Momentive while UBS Investment Bank is doing likewise for the investor group. Waterford, New York-based Momentive is a maker of specialty silicones and silanes, as well as fused quartz and specialty ceramics products.
13 September 2018•4 mins read
