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With asbestos settlement resolved, Brunswick Hill's RPMa Splans for growth

2015-04-09 13:42:48| Chemicals - Topix.net

RPM International Inc. closed its third financial quarter with a loss, attributable to asbestos-related claims, but the company said Wednesday that it was "delighted" to reconsolidate a unit that had been in bankruptcy over the issue. The coatings and sealants maker lost $57.3 million, or 44 cents a share, for the period that ended Feb. 28. RPM said it took a one-time, non-cash charge of $83.5 million related to asbestos.

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