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Industrial Machinery & Equipment

Momentum Group buys remaining 70 pct of Knut Sehlins Industrivaruhus in Örnsköldsvik

Oct 18 (Reuters) - MOMENTUM GROUP AB ::MOMENTUM GROUP ACQUIRES REMAINING 70 PERCENT OF KNUT SEHLINS INDUSTRIVARUHUS IN ÖRNSKÖLDSVIK.‍CLOSING TAKES PLACE IN OCTOBER 2017​.‍ACQUISITION IS EXPECTED TO HAVE A MARGINAL IMPACT ON CO'S EPS DURING CURRENT FY​.

2:00pm BST

Guosheng Financial's unit Wa Sung Investment sells shares in Qudian

Oct 18 (Reuters) - Guosheng Financial Holding Inc :Says unit Wa Sung Investment has sold 232,201 shares in Qudian at $24 per share for $5.57 million.Says unit Wa Sung Investment plans to sell up to 696,603 shares in Qudian's IPO over-allotment.Says sale of Qudian's shares to boost company's...

1:37pm BST

Aumann acquires automation specialist USK, announces 9-mth results

Oct 18 (Reuters) - AUMANN AG :DGAP-ADHOC: AUMANN AG ACQUIRES AUTOMATION SPECIALIST USK AND ANNOUNCES PRELIMINARY RESULTS.‍REVENUES IN FIRST NINE MONTHS GROW BY 24.1% TO EUR140.3 MILLION​.‍9MTH EBIT GROWS BY 26.4% TO EUR15.1 MILLION COMPARED TO SAME PERIOD IN PREVIOUS YEAR​.9MTH ‍ORDER INTAKE AMOUNTS...

11:40am BST

MBB SE says unit Aumann acquires USK Karl Utz Sondermaschinen GmbH

Oct 18 (Reuters) - MBB SE ::SUBSIDIARY AUMANN AG ACQUIRES AUTOMATION SPECIALIST USK AND MODIFIES THE FORECAST FOR THE YEAR 2017.‍AS A RESULT OF ACQUISITION OF USK, ANNUALISED REVENUE OF MBB GROUP AMOUNTS TO MORE THAN EUR450 MLN​.

11:40am BST

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