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BRIEF-Fenner completes restructuring of advanced sealing technlogies unit
February 15, 2017 / 10:46 AM / 9 months ago

BRIEF-Fenner completes restructuring of advanced sealing technlogies unit

Feb 15 (Reuters) - Fenner Plc:

* Disposal

* Advanced Sealing Technologies group of businesses has completed final part of its restructuring to reposition its CDI European operations

* Cdi has retained its operation in Singapore, which is also a key market for its products

* Completed disposal of its Norwegian business on Feb. 13

* Gross assets disposed with this transaction equate to less than 1 pct of Advanced Sealing Technologies’ gross assets Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

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