3M Company MMMrecently announced the sale of substantial part of its Communication Markets Division to Corning Incorporated. Notably, Corning is a premier manufacturer of glass, ceramics and related materials for industrial and scientific applications. The transaction worth $870 million is likely to generate a full-year 2018 earnings benefit of 40-45 cents per share to 3M.
3M (MMM) Divests Part of Communication Markets Arm for $870M
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