600 Group has announced a conditional agreement for the sale of all of the businesses which comprise the Machine Tools Solutions division. The company will receive a cash consideration of US$21m, subject to shareholder approval at a general meeting scheduled for 24 March 2022. The deal allows 600 Group to complete its strategic shift towards its industrial laser systems business, and to deleverage its balance sheet. We believe this will position the company to accelerate growth in revenue and pr ....
