April 25, 2019 / 4:36 AM / 5 months ago

BRIEF-Tornos To Independently Develop Its Subsidiary In China

April 25 (Reuters) - TORNOS HOLDING AG:

* WANTS TO INDEPENDENTLY DEVELOP ITS SUBSIDIARY IN CHINA, TORNOS (XI’AN) MACHINE WORKS CO., LTD.

* WILL BUY BACK 30% MINORITY SHARE CAPITAL STK HELD BY SHAANXI ROBOT AUTOMATION TECHNOLOGY CO BY THE END OF 2019 AT THE LATEST Source text - bit.ly/2Vn5yt1 Further company coverage: (Gdynia Newsroom)

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