Brief: Schmolz&Bickenbach sells specific distribution activities to Jacquet Metal Service

Jacquet Metals SA

30/03/2015 06:05

March 30 (Reuters) - Schmolz&Bickenbach AG  STLN.S : 
    * Sells specific distribution activities to Jacquet Metal 
Service 
    * Purchase price (enterprise value) in the amount of 88.6 
million euros ($96.2 million)  
    * Closing expected in the third quarter 2015, positive 
effect on key financial figures of Schmolz + Bickenbach Group 
    * One-time impairment need and provisioning requirement in 
the amount of around 120 million euros - 140 million euros 
 
Source text - http://bit.ly/1Heu5Qq 
Further company coverage:  STLN.S  
 
($1 = 0.9208 euros) 
 
 (Gdynia Newsroom) 
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