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| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.25 | 1.35% | 18.80 | 18.76 | 18.81 | 19.01 | 18.76 | 18.84 | 64,712 | 19:21:47 |
From Jan 2020 to Jan 2025
By Ian Walker
Swedish engineering group Sandvik AB (SAND.SK) said Tuesday it plans to consolidate its businesses into three areas, giving it full ownership and accountability in each, to improve long-term efficiency.
Sandvic said it will move Wolfram and two selected production sites from Sandvik Hyperion into Sandvik Machining Solutions. It will also move Sandvik Drilling and Completions into Sandvik Mining and Rock Technology.
The company said it identified Sandvik Process Systems and Sandvik Hyperion as non-strategic operations.
The new structure will be effective July 1, the company said.
Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749
(END) Dow Jones Newswires
May 03, 2016 08:40 ET (12:40 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
1 Year Sandvik AB (PK) Chart |
1 Month Sandvik AB (PK) Chart |
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