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Norit Activated Carbon plans new debt for buyout by One Equity
By Sara Rosenberg
New York, Nov. 29 – Norit Activated Carbon plans on getting new debt financing to help fund its acquisition by One Equity Partners from Cabot Corp., according to a news release.
PNC Bank is providing the debt financing.
Closing is expected by the end of the first quarter of 2022, subject to customary conditions and work council consultations.
Norit Activated is a manufacturer of activated carbon for purification solutions.
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