March 4, 2020 / 5:08 PM / 5 months ago

BRIEF-Burckhardt Compression Buys Global Compressor Business From Japan Steel Works

March 4 (Reuters) - BURCKHARDT COMPRESSION HOLDING AG :

* PURCHASES GLOBAL COMPRESSOR BUSINESS FROM THE JAPAN STEEL WORKS

* BOTH PARTIES AGREED NOT TO DISCLOSE ANY DETAILS OF THE ACQUISITION PRICE

* ACQUISITION AGREEMENT WAS SIGNED ON MARCH 4, 2020

* CLOSING OF TRANSACTION IS EXPECTED TO OCCUR END OF MARCH 2020 Further company coverage: (Gdansk Newsroom)

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