November 13, 2017 / 5:35 AM / a month ago

BRIEF-Meyer Burger sells its non-PV related diamond wire production business

Nov 13 (Reuters) - MEYER BURGER TECHNOLOGY AG:

* ‍DIVESTS ITS NON-PV RELATED DIAMOND WIRE PRODUCTION BUSINESS TO THERMOCOMPACT GROUP​

* ‍THERMOCOMPACT GROUP TO BUY REMAINING DMT BUSINESS FOR AN AMOUNT OF ABOUT USD 6 MILLION IN CASH​

* ‍CLOSING OF TRANSACTION IS EXPECTED BY MID-DECEMBER 2017​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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