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DOV WI - Dover News Story

$75.78 1.5  2.0%

Last Trade - 08/05/18

Sector
Industrials
Size
Large Cap
Market Cap £15.31bn
Enterprise Value £17.10bn
Revenue £4.88bn
Position in Universe th / 6846

BRIEF-Dover Corp exploring strategic alternatives for the separation of its upstream energy businesses

Tue 12th September, 2017 11:45am
Sept 12 (Reuters) - Dover Corp  DOV.N : 
    * Dover Corporation: Dover exploring strategic alternatives 
for the separation of its upstream energy businesses 
    * Dover Corp - is considering options which may include a 
tax-free spin-off, sale or other strategic combination 
    * Dover Corp - dover expects to complete its assessment of 
strategic separation alternatives by end of year 
    * Dover - to assist company in evaluating alternatives for 
wellsite business, Dover has retained Lazard And Centerview 
Partners as financial advisors 
    * Dover Corp - exploring strategic alternatives for 
separation of upstream energy businesses within energy segment, 
collectively, "wellsite" business 
    * Dover Corp - bearings & compression and Tulsa Winch Group 
businesses, which are also reported within energy segment, are 
not part of strategic review 
 
Source text for Eikon:  ID:nGNE5xpBhF  
Further company coverage:  DOV.N  
 
 ((Bangalore.newsroom@thomsonreuters.com;))
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