Under the agreement, 3M will contribute a total amount of $6.0 billion between 2023 and 2029 - $5.0 billion in cash and $1.0 billion in 3M common stock.
Despite a persistently challenging economic environment, Henkel posted a significant increase in earnings for the first half of 2023 and raised its full-year sales and earnings guidance.
Sika reported a record first-half-year sales of CHF 5,345.5 million, bolstered by the acquisition of MBCC and increasing demand in infrastructure projects and sustainable automotive technologies.