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Jordan seeks buyer for Vantage Specialty Chemicals: Bloomberg

Jordan Co has put Vantage Specialty Chemicals up for sale, Bloomberg is reporting. Deutsche Bank AG is advising on the process. Vantage could fetch $1.5 billion, Bloomberg said. Jordan has also put Transcendia, a plastics manufacturer, up for sale. Jordan acquired Vantage Specialty in 2012 from HIG Capital, Bloomberg said.