Brief: Muehlhan Says Oil & Gas Business Segment Sale Initiated
Jan 27 (Reuters) - Muehlhan AG M4NG.DE :
* SALE OF OIL & GAS BUSINESS SEGMENT INITIATED
* MUEHLHAN WILL USE RESOURCES FREED UP BY SALE TO FURTHER
EXPAND
ITS MARKET POSITION IN THESE AREAS.
* WILL FOCUS EXCLUSIVELY ON BUSINESS SEGMENTS IN WHICH GROUP
HOLDS
A MARKET-LEADING POSITION
* IS INITIATING SALES PROCESS WITH IMMEDIATE EFFECT
Source text for Eikon: ID:nEQ4Q7mBLa
Further company coverage: M4NG.DE
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))
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