Textron looking at transaction possibilities for Kautex segment

PROVIDENCE – Textron Inc. is considering “strategic alternatives” for its Kautex business unit, the company announced Monday. Potential plans for the Bonn, Germany-headquartered business segment could include a sale, a tax-free spin-off or another type of transaction. The company said that Kautex, which develops and manufactures blow-molded plastic fuel systems and advanced fuel systems for…

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