May 3, 2018 / 5:09 AM / in 21 days

BRIEF-Phoenix Mecano Sells Shares In Wijdeven Inductive Solutions BV

May 3 (Reuters) - Phoenix Mecano AG:

* STREAMLINES ELCOM/EMS PRODUCT RANGE: SALE OF SHARES IN WIJDEVEN INDUCTIVE SOLUTIONS BV

* TRANSACTION WILL RESULT IN AN ACCOUNTING PROFIT IN LOW SINGLE-DIGIT MILLIONS

* PARTIES HAVE AGREED NOT TO DISCLOSE PURCHASE PRICE Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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