THIOKOL, CARLYLE GROUP JOINING FORCES TO BUY HOWMET CORP.
Thiokol Corp., and the Carlyle Group have formed a jointly owned affiliate to acquire Howmet Corp. from Pechiney International, S.A., a French conglomerate. The purchase, which includes Howmet's Cercast operation, will cost $750 million. Howmet, headquartered in Greenwich, Conn., has annual revenues...
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