3M to sell 'substantially all' of its Communication Markets division to Corning

Post-it notes maker 3m said on Monday that it has agreed to sell "substantially all" of its Communication Markets division to Corning Inc for $900m. This business consists of optical fibre and copper passive connectivity solutions for the telecommunications industry including 3M's xDSL, FTTx, and structured cabling solutions and, in certain countries, telecommunications system integration services. It has annual global sales of around $400m. Executive vice president of the Electronics & Energy ...

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