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OC Oerlikon Corporation AG Pfaeffikon (OERL.S)

OERL.S on Swiss Exchange

17.02CHF
15 Jun 2018
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Fri, Jun 15 2018

Oerlikon planning drive systems IPO to fund expansion

ZURICH OC Oerlikon will sell shares of its drive systems business which makes transmissions for Lamborghini and Ferrari as it raises money to bolster its surfacing and textile machinery units, the Swiss technology group said on Friday.

UPDATE 1-Oerlikon planning drive systems IPO to fund expansion

* Drive systems unit profitability lags that of surface solutions (Adds quote from CEO, analyst, details about trade row, oligarch)

OC Oerlikon to float up to 100 pct of drive-systems unit in IPO

ZURICH, June 15 Swiss technology group OC Oerlikon will sell shares of its drive-systems business that makes transmissions for Lamborghini and Ferrari in an initial public offering (IPO) as it focuses on surface-solutions unit and textile machinery, the company said on Friday.

OC Oerlikon prepares IPO for drives division: sources

ZURICH/FRANKFURT Swiss technology group OC Oerlikon is preparing to list its drive systems business by the middle of the year, aiming to raise cash for other parts of its business, people close to the matter told Reuters.

CORRECTED-OC Oerlikon prepares IPO for drives division - sources

ZURICH/FRANKFURT, May 4 Swiss technology group OC Oerlikon is preparing to list its drive systems business by the middle of the year, aiming to raise cash for other parts of its business, people close to the matter told Reuters.

OC Oerlikon says banks need explanations over U.S sanctions

ZURICH Swiss technology group OC Oerlikon said some financial institutions still required explanations over the United States sanctions slapped on its largest shareholder, Russian oligarch Viktor Vekselberg.

OC Oerlikon says banks need explanations over U.S sanctions

ZURICH, May 2 Swiss technology group OC Oerlikon said some financial institutions still required explanations over the United States sanctions slapped on its largest shareholder, Russian oligarch Viktor Vekselberg.

BRIEF-OC Oerlikon FY Result From Continuing Operations Up 78.0 Pct At CHF 146 Million

* FY GROUP RESULT FROM CONTINUING OPERATIONS UP 78.0 % TO CHF 146 MILLION

BRIEF-OC Oerlikon And Boeing Collaborate In Additive Manufacturing

* OERLIKON AND BOEING TO CREATE STANDARD PROCESSES FOR 3D-PRINTED STRUCTURAL TITANIUM AEROSPACE PARTS

Oerlikon puts drive systems business up for sale - sources

FRANKFURT, Feb 5 Swiss technology group OC Oerlikon is preparing a potential sale of its drive systems business as it continues to streamline its portfolio, people close to the matter said.

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