Schweiter Technologies
SWF:SWTQ ISIN:CH0010754924
Schweiter Technologies AG is a Switzerland-based company engaged in the development, manufacture and global distribution of machinery. The Company operates in two business divisions. SSM Textile Machinery is active in yarn processing and precision winding, offering winding systems for a range of applications. Ismeca Semiconductor concentrates on machines, which are used for backend-processes, such as assembly, testing, inspecting and packaging devices in semiconductor manufacturing. Schweiter Technologies AG has a number of subsidiaries in Switzerland, Germany, the United Kingdom, China, Hong Kong, Malaysia and the United States.
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US stocks closed higher overnight as Dubai World said it was in discussions with banks to restructure US$26 billion in debt and the talks were proceeding on a constructive basis. Global markets strongly rebounded yesterday as investors realised that Dubai's trouble might be a regional problem.
Rio Tinto Ltd. (ASX:RIO) said Tuesday it has entered into an agreement to sell Alcan Composites, part of the Alcan Engineered Products division, to Switzerland's Schweiter Technologies AG (SWF:SWTQ) for a total consideration of US$349 million.
Schweiter Technologies (SWF:SWTQ) Corporate news announcement processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- --------------
Schweiter Technologies (SWF:SWTQ) Corporate news announcement processed and transmitted by Hugin ASA. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- --------------
Schweiter Technologies (SWF:SWTQ) Corporate news announcement processed and transmitted by Hugin ASA. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- --------------
Schweiter Technologies (SWF:SWTQ) Corporate news announcement processed and transmitted by Hugin ASA. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- --------------
Schweiter Technologies (SWF:SWTQ) Corporate news announcement processed and transmitted by Hugin ASA. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- --------------
Schweiter Technologies (SCWTF.PK) Corporate news announcement processed and transmitted by Hugin ASA. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- --------------
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