MAN SE doesn't see Q4 hit from Ferrostaal deal

Newswire

FRANKFURT, Nov 28 (Reuters) - Germany's MAN SE does not expect fourth-quarter profits to take a hit as a result of a deal to sell Ferrostaal to the MPC Group. "Provisions already booked this year were sufficient to cover the risks," a spokesman for MAN SE said on Monday. The deal's closing is expected for the first quarter. (Reporting by Christiaan Hetzner and Irene Preisinger)

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