Atle divesting System 3R International.Business Editors and Technology Writers STOCKHOLM, Sweden--(BUSINESS WIRE)--April 25, 2001 Atle is selling its holdings in System 3R International to Swiss engineering corporation Agie Charmilles Group. This transaction generates exit gains of SEK SEK In currencies, this is the abbreviation for the Swedish Krona. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 63 m. Atle's holdings in System 3R-a world leader in electric discharge machining (EDM (Engineering Data Management) An information system that maintains the details of all engineering data while the product is in the design and concept phase. This includes geometry and changes to geometry. See PLM. EDM - Electronic Data Management ) accessories-are 34%. These products are used in EDM and wire EDM for the manufacture of products including moulding tools. Last year, the corporation generated earnings before tax of SEK 50 m from sales of SEK 563 m. Through Foretagskapital, Atle has been a partner in System 3R since 1993, when the enterprise was reconstructed re·con·struct tr.v. re·con·struct·ed, re·con·struct·ing, re·con·structs 1. To construct again; rebuild. 2. . This deal implies an IRR IRR In currencies, this is the abbreviation for the Iranian Rial. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. of 47%. Atle AB (publ) This information was brought to you by BIT http://www.bit.se. The following files are available for download To receive a file transmitted over a network. In any communications session, "download" means receive, and "upload" means send. The download/upload often implies a big/little scenario, in which data is being downloaded from the "big" server into the "little" user's computer. : http://www.bit.se/bitonline/2001/04/25/20010425BIT00130/bit0002.doc http://www.bit.se/bitonline/2001/04/25/20010425BIT00130/bit0002.pdf |
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