May 7, 2019 / 11:22 AM / 13 days ago

BRIEF-Schaeffler Acquires Xtronic GmbH

May 7 (Reuters) - Schaeffler AG:

* SCHAEFFLER ACQUIRES XTRONIC GMBH

* XTRONIC WILL BE INTEGRATED INTO THE SCHAEFFLER GROUP AS A SEPARATE GERMAN PRIVATE LIMITED COMPANY (GMBH)

* PARTIES HAVE AGREED NOT TO DISCLOSE THE PURCHASE PRICE, TAKEOVER IS EXPECTED TO BE COMPLETED IN JUNE 2019

Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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