New Brunswick Scientific Co., Inc. (NBSC) Message Board

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Biotech / Medical : New Brunswick Scientific Co., Inc. (NBSC)

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To: richardred who wrote (652)	7/2/2003 10:14:36 AM
From: richardred	Read Replies (2) of 724

Fresh cash for SPX- STOCKHOLM (Dow Jones)--Sweden's Assa Abloy AB (S.ASA) Wednesday said it is buying the remaining 20% of shares in Assa Abloy Door Group from joint venture partner SPX Corp. (SPW) for $80 million. The purchase will result in additional goodwill of $60 million, which Assa Abloy said is deductible. The transaction will have an immediate positive effect on earnings per share. The joint venture was created in 2001. (END) Dow Jones Newswires 07-02-03 0402ET

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