Cummins to Sell Its SEG Subsidiary to Woodward Governor

Cummins Inc. (NYSE:CMI) has announced that it has reached an agreement to sell its SEG GmbH subsidiary, based in Kempen, Germany, to Woodward Governor Company, subject to customary approvals. Terms of the deal, which is expected to close in the fourth quarter, were not disclosed. SEG specializes in the design and manufacturing of measurement, control …

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