Business
Brazil's Lupatech to Exit Synthetic Rope, Cable Business
Brazil's Lupatech to Exit Synthetic Rope, Cable Business

About this update from Lupatech S.a.
Lupatech SA BMFBOVESPA:LUPA3:AGREED TO SELL MACHINERY, EQUIPMENT FOR MANUFACTURE OF SYNTHETIC FIBER CABLES AND ROPES TO A MULTINATIONAL GROUP FOR $9.5 MILLION - FILINGWILL CEASE ITS OPERATIONS IN THE SYNTHETIC ROPE AND CABLE BUSINESS