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Grammer AG (GMMG.DE)

GMMG.DE on Xetra

59.50EUR
20 Jul 2018
Change (% chg)

€0.05 (+0.08%)
Prev Close
€59.45
Open
€59.70
Day's High
€60.50
Day's Low
€59.40
Volume
41,021
Avg. Vol
34,922
52-wk High
€68.45
52-wk Low
€40.47

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Tue, May 29 2018

Chinese firm to snap up German auto supplier Grammer

SHANGHAI/MUNICH Auto supplier Ningbo Jifeng Auto Parts is aiming to buy German rival Grammer in an agreed deal at a time when Chinese takeovers face increased scrutiny from German and European authorities eager to protect domestic know-how.

Chinese firm in talks to takeover German auto supplier Grammer

SHANGHAI China's Ningbo Jifeng Auto Parts Co Ltd is in talks to buy Grammer AG in a deal that would value the German auto supplier at around 752 million euros (656 million pounds), Grammer said in a statement.

Chinese firm in talks to takeover German auto supplier Grammer

SHANGHAI, May 29 China's Ningbo Jifeng Auto Parts Co Ltd is in talks to buy Grammer AG in a deal that would value the German auto supplier at around 752 million euros ($874 million), Grammer said in a statement.

BRIEF-Grammer As Exclusive Supplier For Leading US Producer Of Material Handling Equipment

* GRAMMER THE EXCLUSIVE SUPPLIER FOR A LEADING US PRODUCER OF MATERIAL HANDLING EQUIPMENT

BRIEF-Grammer FY Operating EBIT Up 18 Percent At 80.2 Million EUR

* DGAP-NEWS: GRAMMER SUCCESSFUL IN 2017 WITH RECORD REVENUE AND IMPROVED PROFITABILITY

BRIEF-Grammer FY Oper EBIT Up By More Than 17 Pct To About EUR 80 Mln

* DGAP-NEWS: GRAMMER AG: GRAMMER WITH HIGHER REVENUE AND IMPROVED OPERATING PROFITABILITY IN 2017 AGAIN DESPITE MORE DIFFICULT UNDERLYING CONDITIONS

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