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Sweden's Atlas Copco proposes splitting group, appoints new CEO

Swedish mining gear and compressor maker Atlas Copco plans to split the group into two listed companies in 2018 and distribute the equity in the new company to shareholders. The news, which was not expected, is another piece in a wider European trend where a wave of spin-offs through initial public offerings (IPOs) is already underway.

Source: www.engineeringnews.co.za
Sweden’s Atlas Copco proposes splitting group, appoints new CEO

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