23.02.2015 - 3M agreed to buy Polypore International
3M announced an agreement regarding the purchase of Polypore International. According to the news, media company's business will be sold for $ 1 billion. According to analysts, after the purchase, the company will receive from Polypore International 3 cents per share. Most of the funds for the payment of the purchase will be taken from accounts outside the United States. We are positive about this purchase and we expect that investment activity will allow the company to improve 3M's financial performance in the medium term. Our medium-term outlook for the stock is positive and we expect growth to 15% in 2015.