Atlas Copco AB ADR(ATLKY)- OTCPK - Current
  • Fri, Jul. 15, 9:05 AM
    | Fri, Jul. 15, 9:05 AM
  • Tue, Apr. 26, 7:54 AM
    | Tue, Apr. 26, 7:54 AM
  • Jul. 16, 2014, 12:22 PM
    • Joy Global (JOY +6.7%) shares hit new 52-week highs, apparently on speculation that the world's leading maker of underground mining equipment is a takeover target.
    • Joy also may be gaining on a forecast from air compressor maker Atlas Copco (OTCPK:ATLKY, OTCPK:ATLCF) for improved demand in the coming months as investment in mining equipment stabilizes.
    | Jul. 16, 2014, 12:22 PM | 1 Comment
  • Aug. 19, 2013, 3:16 AM
    • As tipped, Atlas Copco (ATLKY.PK) has agreed to acquire British vacuum pumps firm Edwards Group (EVAC) for up to $1.6B, including $400M of debt.
    • Atlas Copco will pay an initial $9.25 a share and as much as $1.25 extra, depending on Edwards' 2013 earnings. For the full payment, the latter will have to earn revenues of £587.5-650M and adjusted EBITDA of £113.9-145M.
    • Edwards' shares closed at $8.45 on Friday.
    • Edwards shareholders representing around 84% of stock have agreed to vote in favor of the deal. (PR)
    | Aug. 19, 2013, 3:16 AM | 1 Comment
  • Aug. 18, 2013, 2:22 AM
    • Atlas Copco (ATLKY.PK) is in advanced negotiations to acquire Edwards Group (EVAC), a U.K. provider of vacuum pumps, for almost $1.6B.
    • The Swedish engineering group plans to offer $9.20 a share, or an 8.9% premium to Edwards' closing price of $8.45 on Friday.
    • Edwards' banking advisers Barclays and Lazard have recommended to the company's board to accept the deal, which could be announced this week.
    | Aug. 18, 2013, 2:22 AM
  • Jun. 5, 2013, 10:46 AM

    "Those who can demonstrate that their glue has something different to offer … will achieve good margins," a consultant tells Bloomberg, regarding the growing appeal of specialty adhesives amid automakers' push to create lighter, stronger cars. The average amount of such adhesives used in cars could grow by a third going forward, boosting the prospects for companies like Henkel (HENKF.PK +0.2%), PPG -1%, and Atlas Copco (ATLKY.PK -2.4%).

    | Jun. 5, 2013, 10:46 AM
Company Description
Atlas Copco is an industrial group with world-leading positions in compressors, construction and mining equipment, power tools and assembly systems. The Group delivers sustainable solutions for increased customer productivity, through innovative products and services.
Industry: Industrial Equipment & Components
Country: Sweden