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Industrial Machinery & Equipment

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CITIC Heavy Industries to acquire Tianjin firm via share issue

Friday, 23 Jun 2017 03:47am EDT

June 23 (Reuters) - CITIC Heavy Industries Co Ltd <601608.SS>:Says it plans to acquire Tianjin Santroll Electric Automobile Technology Co via share issue, share trade remains suspended.

Indutrade acquires Young Black Ltd in UK

Thursday, 22 Jun 2017 10:00am EDT

June 22 (Reuters) - Indutrade AB :Indutrade acquires Young Black ltd.Says Young Black Industrial Stapling has annual sales of approximately GBP 10 million.Says acquisition is expected to have a marginally positive impact on Indutrade's earnings per share.

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