June 15, 2018 / 4:54 AM / 5 months ago

BRIEF-OC Oerlikon Plans IPO Of Drive Systems Segment

June 15 (Reuters) - OC Oerlikon Corporation AG Pfaeffikon :

* PLANS INITIAL PUBLIC OFFERING (IPO) OF DRIVE SYSTEMS SEGMENT ON SIX SWISS EXCHANGE

* OFFERING EXPECTED TO BE COMPLETED IN Q3 2018, SUBJECT TO CAPITAL MARKET ENVIRONMENT

* OERLIKON GROUP CONTINUES TO FOCUS ON SURFACE SOLUTIONS AND MANMADE FIBERS BUSINESSES

* OFFERING EXPECTED TO COMPRISE 87 % OF SHARES IN GRAZIANOFAIRFIELD Source text: bit.ly/2JK78wg Further company coverage: (Gdynia Newsroom)

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