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Real-time Estimate
Other stock markets
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5-day change | 1st Jan Change | ||
| 87.56 SEK | -0.25% |
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-1.53% | -19.04% |
| 10:25am | Electrolux to Sell Water Heater Business in South Africa to Haier Smart Home | MT |
| 09:46am | Electrolux: to sell water heater business in South Africa | CF |
COPENHAGEN, July 18 (Reuters) - Sweden's Electrolux said on Thursday it had agreed to divest its water heater business in South Africa for about 1.4 billion crowns ($132.69 million).
The divestment includes the Kwikot brand and production facilities for water heaters in Johannesburg, the company said in a statement.
The sale is expected to be completed in the fourth quarter of this year, it added.
($1 = 10.5506 Swedish crowns) (Reporting by Louise Breusch Rasmussen, editing by Jason Neely)
Price
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Change
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5d. change
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Capi.
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|---|---|---|---|---|---|
| 2,128 PTS | +0.45% | -0.59% | - | ||
| 87.75 SEK | -0.03% | -1.49% | 2.26B | ||
| 1st Jan change | Capi. | |
|---|---|---|
| -19.00% | 2.26B | |
| +15.01% | 59.38B | |
| +26.95% | 31.57B | |
| +40.47% | 10.05B | |
| -9.56% | 6.14B | |
| +5.05% | 5.27B | |
| -8.39% | 5.33B | |
| -3.83% | 4.98B | |
| -22.35% | 2.8B | |
| +25.81% | 2.62B |
ELECTROLUX AB 
