Brief: Troax Group Buys Machine Guarding And Wire Tray Solutions Business In China
Oct 31 (Reuters) - Troax Group AB (publ) TROAX.ST: PURCHASE PRICE IS 350 MILLION RMB ON A CASH/DEBT-FREE BASIS A MARKET LEADER IN MACHINE GUARDING AND WIRE TRAY SOLUTIONS IN CHINA ACQUISITION WILL BE FINANCED THROUGH TROAX GROUP'S EXISTING CASH AND CREDIT FACILITIES Further company coverage: TROAX.ST (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))