| Reports: Cookson Might Split Off Electronics Unit |
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| Written by Mike Buetow | |||
| Monday, 02 April 2012 11:27 | |||
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LONDON -- Is Cookson considering splitting the company in two? According to several reports, the materials conglomerate is contemplating breaking out its electronics unit as a standalone business. The company's electronics solder and surface finishes business unit -- which operates under the trade names Alpha Metals and Enthone -- reported revenues of £814 million ($1.29 billion) in 2011, up 13% year-over-year. The Ceramics business is considering larger, making up 60% of last year's revenues of £2.8 billion. Cookson is not commenting on the reports, but it did recently hire investment banking firm Rothschild as an adviser.
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