January 31, 2017 / 12:37 PM / 3 years ago

BRIEF-Konecranes completes divestment of its STAHL CraneSystems business

Jan 31 (Reuters) - Konecranes Abp :

* Completes the divestment of its STAHL CraneSystems business

* Final selling price was 224 million euros ($240.9 million)

* Expects to book after-tax capital gain of about 200 million euros from STAHL divestment in Q1 2017

* Says will use proceeds from STAHL CraneSystems divestment to amortize loans related to MHPS acquisition

Source text for Eikon:

Further company coverage: ($1 = 0.9298 euros) (Gdynia Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below