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Hexagon

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Hexagon rises as it considers ALI biz spin-off

BUZZ-Hexagon rises as it considers ALI biz spin-off ** Shares in Hexagon HEXAb.ST rise 6%, pairing gains after rising as much as 13.3%, after the Swedish industrial technology group said it mulls a spin-off of its Asset Lifecycle Intelligence (ALI) business ** The group said it was evaluating listing options for the new company in the U.S. and Sweden ** Stifel says this spin-off would simplify the strategy of both Hexagon and the new company and remove some complexity from the investment case **
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Sweden's Hexagon misses Q3 profit view, mulls business separation

UPDATE 3-Sweden's Hexagon mulls separating Asset Lifecycle Intelligence business Rewrites throughout, adds share move in paragraph 1, details on markets, CEO and analyst quotes Oct 25 (Reuters) - Hexagon HEXAb.ST said on Friday it was considering separating its business that provides software for constructing and operating industrial facilities and listing it in both Sweden and the U.S., sending its shares up 8% in early trade.
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Hexagon Evaluates Potential Separation Of Asset Lifecycle Intelligence Business

BRIEF-Hexagon Evaluates Potential Separation Of Asset Lifecycle Intelligence Business Oct 25 (Reuters) - Hexagon AB HEXAb.ST : HEXAGON EVALUATING POTENTIAL SEPARATION OF ITS ASSET LIFECYCLE INTELLIGENCE BUSINESS TO EVALUATE POTENTIAL SEPARATION OF NEWCO BY WAY OF DISTRIBUTION TO ITS SHAREHOLDERS IS EVALUATING LISTING OPTIONS FOR NEWCO IN U.S. AND SWEDEN.
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Sweden's Hexagon misses Q3 profit forecast

Sweden's Hexagon misses Q3 profit forecast Oct 25 (Reuters) - Swedish industrial technology group Hexagon HEXAb.ST posted a bigger-than-expected fall of about 4% in third-quarter adjusted operating profit on Friday, hurt by challenging conditions in several of its markets and verticals. Reporting by Marta Frąckowiak; Editing by Rashmi Aich
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'Industrial technology powerhouse': Stifel starts Hexagon with 'buy'

BUZZ-'Industrial technology powerhouse': Stifel starts Hexagon with 'buy' ** Stifel initiates Sweden's Hexagon HEXAb.ST with a "buy" rating and a PT of SEK 130, vs SEK 101.3 at Tuesday's close, saying it expects the industrial technology group to sustain its strong track record ** The brokerage calls the company a "powerhouse" in the sector thanks to its exposure to fast-growing markets and benefits from global mega-trends ** It says Hexagon's state-of-the-art hardware and software product portf
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