Aviation services firm to offload fiberweb arm

Aviation services firm BBA today announced plans to spin off its unit making fibres for products such as nappies, bath mats and shoelaces.

Aviation services firm to offload fiberweb arm
Wed, 02 Nov, 2005 - 08:45

Aviation services firm BBA today announced plans to spin off its unit making fibres for products such as nappies, bath mats and shoelaces.

BBA said it was “currently reviewing possible separation options” that include a demerger or sale of its Fiberweb arm, which is thought to be worth £700m (€1.02bn).

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CourtsBusinessHeathrowPlace: LondonPlace: UKPlace: PontypoolOrganisation: BBAOrganisation: FiberwebOrganisation: BBA AviationOrganisation: BeltingOrganisation: Asbestos
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