Business Services Industry

KCI Konecranes Plc continues negotiations with R. STAHL AG

Nordic Business Report, Dec 1, 2005

NORDIC BUSINESS REPORT-1 December 2005-KCI Konecranes Plc continues negotiations with R. STAHL AG(C)1994-2005 M2 COMMUNICATIONS LTD http://www.m2.com

Finnish crane manufacturer KCI Konecranes Plc said on Thursday (1 December) that it had agreed with the Germany-based R. STAHL AG to continue negotiations concerning the possible sale of its Material Handling division, R. STAHL Fordertechnik.

Exclusivity in the negotiations has been extended until year-end and the parties look forward to a successful conclusion and signing of the definitive agreement in the forthcoming weeks, KCI Konecranes said.

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