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Timken Considers Sales of Needle Roller Bearing Business

The Timken Company (NYSE:TKR) today announced it is in advanced discussions regarding the potential sale of its Needle Roller Bearings Business.

However, the company has not yet reached a definitive agreement regarding the sale. There can be no assurance that a definitive agreement will be reached, nor that a sale, which would be subject to certain closing conditions, will be completed.

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