We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
3M Company | NYSE:MMM | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-0.14 | -0.14% | 97.01 | 97.75 | 96.81 | 97.15 | 1,644,276 | 18:32:58 |
Digital security firm Gemalto NV has agreed to buy 3M Co.'s identity-management business for $850 million, 3M said Thursday.
The business, with about $215 million in sales a year, includes 3M Cogent, which 3M bought in 2010, and focuses on biometric systems, such as fingerprint and iris scanners, along with systems to issue and read secure documents, such as passports and identity cards.
The sale is expected to close in the first half of 2017.
3M said about 450 of its employees are expected to transfer to Netherlands-based Gemalto.
St. Paul, Minn.-based 3M, whose products include Post-it Notes and Scotch tape, has reported lower sales for seven quarters running. Through Sept. 30, its profit was up 2.6% though sales slid 0.85% to $22.78 billion.
Write to Maria Armental at maria.armental@wsj.com
(END) Dow Jones Newswires
December 08, 2016 21:35 ET (02:35 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
1 Year 3M Chart |
1 Month 3M Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions