Nibe Industrier Ab M (NDRBF) 9.5009 $NDRBF LSB
Post# of 273242
LSB Industries, Inc. to Sell Climate Control Business to NIBE Industrier AB
BusinessWire - Thu May 12, 1:30AM CDT
LSB Industries, Inc. (NYSE:LXU) ("LSB" or the "Company" today announced that it has entered into a definitive agreement to sell the Company's Climate Control Business ("CCB" to NIBE Industrier AB (publ) of Sweden ("NIBE" for a total cash consideration of $364 million. The Climate Control Business generated approximately $274 million in revenue and $25 million in EBITDA in 2015.
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