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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; [email protected]

Stock News for Worthington (WOR)
DateTimeHeadline
01/18/201715:40:04Statement of Changes in Beneficial Ownership (4)
01/09/201711:10:26Statement of Changes in Beneficial Ownership (4)
01/09/201711:07:30Statement of Changes in Beneficial Ownership (4)
01/06/201715:55:16Quarterly Report (10-q)
12/30/201608:19:08Statement of Changes in Beneficial Ownership (4)
12/28/201612:22:17Statement of Changes in Beneficial Ownership (4)
12/27/201612:26:49Current Report Filing (8-k)
12/27/201607:08:13Statement of Changes in Beneficial Ownership (4)
12/27/201607:05:47Statement of Changes in Beneficial Ownership (4)
12/20/201609:42:00Hot Stocks to Watch in the U.S. and Canada
12/20/201607:37:10Current Report Filing (8-k)
12/15/201611:02:36Statement of Changes in Beneficial Ownership (4)
12/12/201613:46:13Statement of Changes in Beneficial Ownership (4)
12/12/201613:43:01Statement of Changes in Beneficial Ownership (4)
12/12/201613:35:21Statement of Changes in Beneficial Ownership (4)
11/30/201610:06:32Statement of Changes in Beneficial Ownership (4)
11/30/201608:19:06Statement of Changes in Beneficial Ownership (4)
11/28/201612:07:45Statement of Changes in Beneficial Ownership (4)
11/28/201612:03:48Statement of Changes in Beneficial Ownership (4)
11/18/201608:15:25Statement of Changes in Beneficial Ownership (4)

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