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Sandvik takes controlling interest in Walter AG. (International news).

Pending approval by means of a German federal office and authorities in other countries, Sandvik AB, Sandviken, Sweden, is taking a controlling interest in Walter AG, Tubingen, Germany. Waiter's principal shareholders signed an understanding with the Swedish conglomerate.

Walter will continue as a separate operation within the Sandvik clump and keep its name and company configuration In addition to metalworking tools, Walter also manufactures





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