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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
05/20/201616:19:08Statement of Changes in Beneficial Ownership (4)
05/20/201613:38:17Current Report Filing (8-k)
05/16/201612:38:34Statement of Changes in Beneficial Ownership (4)
05/13/201609:04:44Statement of Changes in Beneficial Ownership (4)
05/10/201609:05:00Nikola Motor Company Formed to Transform U.S. Transportation...
05/02/201610:05:00Statement of Changes in Beneficial Ownership (4)
05/02/201610:00:48Statement of Changes in Beneficial Ownership (4)
04/29/201611:08:22Statement of Changes in Beneficial Ownership (4)
04/18/201615:38:59Statement of Changes in Beneficial Ownership (4)
04/18/201615:35:42Statement of Changes in Beneficial Ownership (4)
04/14/201616:57:09Statement of Changes in Beneficial Ownership (4)
04/13/201608:00:00Cryoport Signs Strategic Partnership Deal With Worthington Industries
04/11/201616:39:19Quarterly Report (10-q)
04/04/201614:24:45Statement of Changes in Beneficial Ownership (4)
04/04/201614:19:24Statement of Changes in Beneficial Ownership (4)
04/01/201611:44:27Statement of Changes in Beneficial Ownership (4)
04/01/201611:26:39Statement of Changes in Beneficial Ownership (4)
04/01/201611:12:38Statement of Changes in Beneficial Ownership (4)
03/28/201616:21:17Current Report Filing (8-k)
03/24/201615:32:41Amended Current Report Filing (8-k/a)

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