March 6, 2018 / 7:41 AM / 4 months ago

BRIEF-Oerlikon CEO says to decide on future of Drives Division this year

March 6 (Reuters) - Oerlikon:

* CEO SAYS LOOKING AT POSSIBLE SALE, IPO OR MERGER FOR DRIVES DIVISION, TO DECIDE IN 2018‍​

* CEO SAYS MANMADE FIBRES BUSINESS IS CORE, NO PLANS TO DIVEST

* CEO SAYS COULD PAY 1-2 BILLION SFR FOR ACQUISITIONS, BUT NEED SUITABLE TARGET Further company coverage: (Reporting by Silke Koltrowitz)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below