August 3, 2018 / 3:44 PM / 3 months ago

BRIEF-Gurit Divests PVC Production Site In China

Aug 3 (Reuters) - Gurit Holding AG:

* DIVESTS PVC PRODUCTION SITE IN CHINA

* GURIT HOLDING - REACHED AGREEMENT WITH QINGDAO ZHENGYU SUNSHINE INDUSTRIAL CO., LTD. ON DIVESTMENT OF ALL SHARES IN GURIT`S PVC PRODUCTION COMPANY FOR UNDISCLOSED SALES PRICE

* GURIT HOLDING - CLOSING OF TRANSACTION IS EXPECTED FOR OCTOBER 2018 AND IS EXPECTED TO BE PROFIT NEUTRAL FOR GURIT IN 2018 Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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