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United States

Nibe Industrier AB (NIBEb.ST)

NIBEb.ST on Stockholm Stock Exchange

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29 Jul 2016
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Thu, May 12 2016

BRIEF-LSB Industries Inc to sell climate control business to NIBE Industrier AB

* To sell co's climate control business to nibe industrier ab of sweden for a total cash consideration of $364 million

Swedish heat pump maker Nibe to buy U.S Climate Control Group

STOCKHOLM Swedish heat pump maker Nibe said on Thursday it had agreed to buy U.S-based Climate Control Group from LSB Industries for $364 million, while planning a rights issue worth 3 billion crowns ($369 mln).

Swedish heat pump maker Nibe to buy U.S Climate Control Group

STOCKHOLM, May 12 Swedish heat pump maker Nibe said on Thursday it had agreed to buy U.S-based Climate Control Group from LSB Industries for $364 million, while planning a rights issue worth 3 billion crowns ($369 mln).

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