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SDVKY Sandvik AB (PK)

20.19
0.09 (0.45%)
30 Jul 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Sandvik AB (PK) USOTC:SDVKY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.09 0.45% 20.19 20.10 20.25 20.24 20.11 20.126 88,676 21:00:24

Sandvik Acquires Remaining Shares in Precorp

24/09/2013 9:05am

Dow Jones News


Sandvik AB (PK) (USOTC:SDVKY)
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From Jul 2019 to Jul 2024

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Swedish engineering group Sandvik AB (SAND.SK) Tuesday said it has agreed for an undisclosed sum to acquire the 51% of the shares in U.S.-based industrial company Precorp Inc. it didn't already own.

 
   MAIN FACTS: 

-In 2012 Precorp had sales of approximately SEK230 million, with 200 employees.

-Precorp offers a full line of Polycrystalline Diamond (PCD) and carbide tools.

-At 0734 GMT, Sandvik shares were up 0.7% at SEK93.25 against a 0.4% rise in the wider Stockholm market.

Write to Gustav Sandstrom at gustav.sandstrom@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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1 Year Sandvik AB (PK) Chart

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1 Month Sandvik AB (PK) Chart

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