TPG, JP Morgan Sell Kraton Shares
TPG Capital and JP Morgan Partners have sold down their stake in Kraton Performance Polymers. Kraton, a leading producer of styrenic block copolymers, said Wednesday that it has closed a secondary offering of roughly 9.9 million shares owned by TPG and J.P. Morgan. The stock was sold at $37.75 a share. Kraton said it did not receive any proceeds from the sale of the stock.
6 April 2011•3 mins read
