Sulzer to reduce interest in paper technology JV

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J.M. Voith AG and Sulzer AG have agreed that Sulzer will reduce its interest in the joint venture in paper technology, i.e. Voith Sulzer Papiertechnik GmbH & Co. KG, from 40% to 10%, effective mid-July 2000. This will allow the Swiss Sulzer group to focus on its core business and to reduce its stake in the joint ...

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