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SKF Sets Aside $455M For Looming EU Antitrust Fine

By Andrew Scurria (December 20, 2013, 1:44 PM EST) -- Sweden's SKF AB, a global leader in rolling bearings and industrial mechatronics, will take a 3 billion krona ($455 million) quarterly charge to cover an expected European Commission fine over alleged cartel behavior in the automotive bearings market, the company said Friday....

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