(Reuters) - "The plastics transaction is on track. Lots of interest in this business," Immelt said on a conference call with analysts.
"We expect a first round of bids soon," he added. "We really are targeting an announcement of a definitive agreement in the second quarter, close in the third quarter. I'm pretty optimistic about how this process is going and the outlook for our plastics business overall in terms of doing this disposition."
Read more at Reuters.com Mergers News
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