Assa Abloy AB (ASSAb.ST)
15 Dec 2017
Wed, Nov 15 2017
** Assa Abloy CEO Johan Molin to Reuters: "I believe our organic growth will accelerate, partly because homes convert to digital solutions and partly because we see much more digital solutions within business to business"
STOCKHOLM Shares in Ericsson rose on Thursday after Assa Abloy said CEO Johan Molin may step down next year, fanning speculation he could be the telecom gear maker's next chairman.
* Ericsson shares up 2 pct; Assa shares fall 5 pct (Adds comments, background, updates shares)
Oct 5 Assa Abloy Ab CEO Johan Molin tells Reuters:
STOCKHOLM, Oct 5 Assa Abloy's Chief Executive Johan Molin is considering stepping down in 2018, the Swedish lockmaker said in a statement on Thursday.
* Shares fall as much as 6 pct to five month low (Adds CEO, analyst comment, updates shares)