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Nitin Fire: To Sell Majority Stake In Unit To Worthington Industries

MUMBAI -(Dow Jones)- Nitin Fire Protection Industries Ltd. (532854.BY) said Wednesday it will sell a majority stake in its cylinder manufacturing unit to U.S.-based Worthington Industries Inc. (WOR) for about $21 million. Nitin Cylinders Ltd. operates a facility in India's Andhra Pradesh state with an installed capacity to make 500,000 cylinders a year, Nitin Fire said in a statement. The maker of fire protection and safety equipment didn't give any other details. -By Anirban Chowdhury, Dow Jones Newswires; 91-22-61456108; anirban.chowdhury@dowjones.com

Stock News for Worthington (WOR)
DateTimeHeadline
02/05/201612:02:18Statement of Changes in Beneficial Ownership (4)
02/05/201611:44:58Statement of Changes in Beneficial Ownership (4)
02/02/201613:37:37Statement of Changes in Beneficial Ownership (4)
01/29/201606:16:56Current Report Filing (8-k)
01/27/201616:50:52Amended Statement of Ownership (sc 13g/a)
01/25/201614:04:26Statement of Changes in Beneficial Ownership (4)
01/25/201613:58:01Statement of Changes in Beneficial Ownership (4)
01/19/201606:05:43Current Report Filing (8-k)
01/15/201609:47:35Amended Statement of Changes in Beneficial Ownership (4/a)
01/11/201610:16:35Statement of Changes in Beneficial Ownership (4)
01/11/201610:06:45Statement of Changes in Beneficial Ownership (4)
01/08/201609:48:16Statement of Changes in Beneficial Ownership (4)
12/28/201509:23:11Statement of Changes in Beneficial Ownership (4)
12/28/201509:18:08Statement of Changes in Beneficial Ownership (4)
12/21/201513:48:31Amended Current Report Filing (8-k/a)
12/21/201512:35:30Statement of Changes in Beneficial Ownership (4)
12/21/201509:36:24Current Report Filing (8-k)
12/18/201513:55:20Statement of Changes in Beneficial Ownership (4)
12/16/201508:30:00Worthington Industries Announces Second Quarter Earnings Conference...
12/14/201511:03:30Statement of Changes in Beneficial Ownership (4)

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