Sulzer Soars on $289 Million Deal to Buy Mascara-Brush MakerBy
Shares set for biggest gain in six years on cosmetics growth
CEO says Sulzer still committed to core pumps business deals
Sulzer AG shares surged after the Swiss industrial company agreed to buy German mascara-brush maker Geka GmbH for 260 million euros ($289 million) in a bid to expand into cosmetics supplies from its main business of pumps for oil and mining.
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