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Andritz AG (ANDR.VI)

ANDR.VI on Vienna Stock Exchange

53.50EUR
21 Sep 2018
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Mon, Jun 25 2018

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Austria's Andritz buys U.S. firm Xerium for $833 million in cash

VIENNA Austrian engineering group Andritz has agreed to buy Xerium Technologies , a supplier of paper industry products, in a $833 million cash deal that helps diversify its offerings.

UPDATE 3-Austria's Andritz buys U.S. firm Xerium for $833 mln in cash

* Andritz shares gain 5.7 percent, Xerium shares double (New throughout, adds details, comment from Barington Capital, updates share price)

Austria's Andritz agrees to buy U.S. firm Xerium in $833 mln deal

VIENNA, June 25 Andritz has agreed to buy U.S. machine industry company and supplier Xerium Technologies in a cash deal worth roughly $833 million, the Austrian engineering group said on Monday.

Engineering group Andritz expects order book to counter sales drop

VIENNA, May 3 Austrian engineering group Andritz expects a strong order book to enable the company to meet full-year objectives, it said on Thursday after reporting a drop first-quarter sales and profit.

BRIEF-Andritz Signs Long-Term Cooperation Agreement With Weir Minerals

* SIGNS LONG-TERM COOPERATION AGREEMENT WITH WEIR MINERALS TO SUPPLY EQUIPMENT FOR PROCESSING TAILINGS IN THE MINING INDUSTRY Source text - https://bit.ly/2I61raH Further company coverage: (Gdynia Newsroom)

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