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AB SKF (SKFb.ST)

SKFb.ST on Stockholm Stock Exchange

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Tue, Jul 31 2018

SKF divests linear and actuation unit in $314 million deal with Triton

STOCKHOLM Sweden's SKF , the world's biggest maker of industrial bearings, on Tuesday said it had agreed to divest its linear and actuation technology business to investment firm Triton for 2.75 billion crowns ($314 million).

SKF divests linear and actuation unit in $314 mln deal with Triton

STOCKHOLM, July 30 Sweden's SKF, the world's biggest maker of industrial bearings, on Tuesday said it had agreed to divest its linear and actuation technology business to investment firm Triton for 2.75 billion crowns ($314 million).

Bearings maker SKF profit tops forecast, sees strong demand

STOCKHOLM Sweden's SKF , the world's biggest maker of industrial bearings, reported a bigger than expected rise in quarterly operating earnings on Thursday and forecast higher year-on-year demand for the third quarter, powered by strong growth in Asia.

UPDATE 1-Bearings maker SKF profit tops forecast, sees strong demand

* Shares rise 5 percent (Adds background, detail, CEO comment, shares)

Sweden's SKF Q2 profit beats forecast, sees higher demand in Q3

STOCKHOLM, July 19 Sweden's SKF, the world's biggest maker of industrial bearings, reported a bigger than expected rise in quarterly operating earnings on Thursday and forecast higher year-on-year demand for the third quarter.

Sweden's SKF feels power of China's electric car drive

GOTHENBURG, May 22 Sweden's SKF is seeing increasing demand for its bearings from China, where demand for electric cars means it is winning at least one new contract a month, as suppliers adapt to changing automobile technology.

UPDATE 1-Sweden's SKF rides price hikes and cost cuts to profit beat

STOCKHOLM, April 26 SKF, the world's biggest maker of industrial bearings, posted a quarterly operating profit well ahead of market forecasts on Thursday as cost cuts and price increases paid off amid strong global demand.

Bearings maker SKF Q1 operating profit tops forecast

STOCKHOLM, April 26 SKF, the world's biggest maker of industrial bearings, posted a quarterly operating profit ahead of market forecasts on Thursday and said it expected higher year-on-year demand in the second quarter.

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