Headlines

Kodak Completes Flexographic Sale

Eastman Kodak Company says it’s completed the sale of its Flexographic Packaging Division to Montagu Private Equity LLP.   The executive team has moved along with the company to form a new firm known as Miraclon. Kodak was paid $340 million, less the company’s debt which makes the final purchase price about $320 million. Kodak […]

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Headlines Business

Kodak Sells Flexographic Division

Kodak has sold its Flexographic Packaging Division, generating quick revenues it needs to meet its debt obligations.   Montagu Private Equity will take ownership, and turn Flexographic into a standalone company under the same management team. The purchase price was $340 million.   Kodak CEO Jeff Clarke said in a statement that this is an […]

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