Brief: DuluxGroup Announces Sale of China And Hong Kong Coatings Portfolio

Yips Chemical Holdings

02/01/2018 22:15

Jan 3 (Reuters) - Duluxgroup Ltd  DLX.AX : 
    * DGL CAMEL INTERNATIONAL ENTERS AGREEMENT TO SELL MOST OF 
ITS 
COATINGS PORTFOLIO IN HONG KONG AND MAINLAND CHINA TO YIP'S 
CHEMICAL 
    * EBIT OUTCOME FOR HONG KONG AND CHINA FOR FY18 IS EXPECTED 
TO BE 
BROADLY IN LINE WITH FY17 
    * SELLEYS BUSINESS IN HONG KONG AND CHINA AND A SMALL PART 
OF 
COATINGS PORTFOLIO WILL BE RETAINED 
 
Source text for Eikon:  ID:nASX8m96NP  
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