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April 3, 2008
By: TOM BRANNA
Henkel will divest of all or part of its stake in Ecolab Inc., St. Paul, MN. According to Henkel, no final decision was made at press time as to the size, timing and method of such a divestiture, which would be carried out in accordance with the stockholder’s agreement between Henkel and Ecolab. Ecolab Inc., in which Henkel holds a 29.4% stake, reported sales of $5.47 billion for fiscal 2007. As of Dec. 31, 2007 the market value of this interest amounted to $3.7 billion.
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