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SKF Closes Sale Of Metallic Rods Business To Precision Castparts Corp For EUR40 Million-DJ

Wednesday, 3 Jul 2013 04:12am EDT 

Dow Jones reported that Swedish ball-bearing maker SKF AB said that the sale of its metallic rods business to US-based Precision Castparts Corp (PCP) has now closed. Precision Castparts Corp. acquired the operations for around EUR40 million on a cash and debt free basis. 

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