Oerlikon shares up on talk of textile unit sale

Newswire

ZURICH, Sept 23 (Reuters) - Oerlikon shares were up 2.7 percent on Wednesday on talk the Swiss technology group could sell its textile division to Peter Spuhler, a major shareholder in rival textile group Rieter . "There is talk in the market that major Rieter shareholder Peter Spuhler is in talks with Oerlikon about the sale of its textile unit," one Zurich-trader said. Oerlikon shares stood at 82.60 Swiss francs at 1000 GMT, making it the biggest gainer among Switzerland's 30 leading ...

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