Brief: Blue Cap Sells em-tec To U.S. Industrial Group

Blue Cap AG

18/03/2020 07:41

March 18 (Reuters) - Blue Cap AG  B7EG.DE :
    * SAID ON TUESDAY SELLS EM-TEC TO U.S. INDUSTRIAL GROUP
    * SALE PRICE IS IN THE LOWER THIRD OF THE DOUBLE-DIGIT
MILLION
RANGE
    * BUYER IS SALES DOVER GERMANY GMBH, BELONGING TO U.S. DOVER
CORPORATION
    * COMPLETION OF THE TRANSACTION IS EXPECTED IN Q2 2020
    * TRANSACTION IS EXPECTED TO HAVE A CLEARLY POSITIVE EFFECT
ON
EARNINGS FOR THE 2020 FINANCIAL YEAR

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nPexQxwYfa
    
 Further company coverage:  B7EG.DE  
   


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