Kennametal to sell high speed steel drills business to Top Eastern Drill - MarketLine Financial Deals

Kennametal to sell high speed steel drills business to Top Eastern Drill

Kennametal to sell high speed steel drills business to Top Eastern Drill - MarketLine Financial Deals
Kennametal to sell high speed steel drills business to Top Eastern Drill
Published May 19, 2009
2 pages — Published May 19, 2009
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About This Report

  
Abstract:

Kennametal, Inc. has entered into an agreement to sell its high speed steel drills business and related product lines to Top Eastern Drill Co., Ltd., a China-based manufacturer of high speed steel drills and taps, for approximately $29 million.

  
Source:
Document ID
MA04301_090521
Country
Country
Ticker
KMT=US
Format:
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MarketLine Financial Deals—MarketLine Financial Deals – Identifying and tracking major financial activity across our full scope of company and sector coverage, MarketLine Financial Deals covers mergers & acquisitions, private equity/venture capital backed buyouts, investments, and exits, IPOs and secondary and follow on offerings, and private placements and exits. Additional non-corporate financial deals including partnership agreements, joint ventures, co-development and research, licensing and co-marketing agreements are also available.

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Cite this Report

  
MLA:
MarketLine Financial Deals. "Kennametal to sell high speed steel drills business to Top Eastern Drill" May 19, 2009. Alacra Store. Dec 05, 2016. <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Kennametal-to-sell-high-speed-steel-drills-business-to-Top-Eastern-Drill-2052-4121>
  
APA:
MarketLine Financial Deals. (2009). Kennametal to sell high speed steel drills business to Top Eastern Drill May 19, 2009. New York, NY: Alacra Store. Retrieved Dec 05, 2016 from <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Kennametal-to-sell-high-speed-steel-drills-business-to-Top-Eastern-Drill-2052-4121>
  
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