05232018Wed
Last updateTue, 22 May 2018 5pm

i

Valve Manufacturing

Weir Group Plans to Sell Flow Control Division

The Weir Group’s board of directors will initiate a process to sell the Flow Control division. This process will focus on maximizing value for shareholders, with all options to be considered and no fixed timetable. Proceeds will be used to further reduce leverage and to fund future investment in growth in Weir’s core platforms. The current assumption is that proceeds would not be received before 2019. 

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