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Altra Industrial Motion Corp (AIMC.O)

AIMC.O on Nasdaq

36.85USD
17 Jan 2017
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Fri, Oct 21 2016

BRIEF-Altra agrees to buy Stromag

* Altra Industrial Motion Corp - acquisition cost comprises assumption of debt totaling approximately 14 million euros and a cash consideration

BRIEF-Altra reports third-quarter 2016 results

* Q3 earnings per share view $0.34 -- Thomson Reuters I/B/E/S

UK engineering company GKN to sell Stromag unit to Altra for $200 million

Engineering company GKN Plc said on Friday it had agreed to sell its Stromag unit to automobile parts maker Altra Industrial Motion Corp for 184 million euros ($200 million) in cash.

UK engineer GKN to sell Stromag unit to Altra for 184 mln euros

Oct 21 Engineering company GKN Plc said on Friday it had agreed to sell its Stromag unit to automobile parts maker Altra Industrial Motion Corp for 184 million euros ($200 million) in cash.

BRIEF-Altra Industrial Motion posts Q2 earnings of $0.36/share

* Second-Quarter 2016 net sales were $182.7 million, compared with $196.6 million in q2 of 2015

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