Cookson, the listed UK industrial group, will probably put businesses worth considerably more then the targeted £100m up for sale, analysts have said. Earlier this year the company announced it is to raise £100m through the disposal of non-core assets over the next two years. The company gave no details about the potential disposal targets other than to say that it will be selling operations across all of its three divisions. Analysts, however, believe that the ceramics division will be the most affected, as it will have many underperforming assets in its ranks. In a recent research report one analyst said: 'We believe there are many underperforming assets in the ceramics division, such that £300m of annual sales activities is total probably generating EBITA of close to zero.' The research report cited these assets would likely include the bricks, monolithics and construction & installation operations, and indicated that they could be sold.