April 22, 2013 - ABB announced it is acquiring Power-One Inc.—a provider of renewable energy and of energy-efficient power conversion and management solutions—for $6.35 per share in cash or $1028 million equity value. The ...
Tags: ABB, Consumer Electronics, Solar PV
The sharemarket has closed higher, boosted by a 10 per cent rise in the shares of Woodside Petroleum, which announced a $520 million return to shareholders. The benchmark S&P/ASX200 index was up 49.6 points, or 1 per cent, at 5016.2 ...
Tags: Energy Stocks, Service
The sharemarket climbed to a five-week high yesterday as falling bond yields fuelled demand for high-yield stocks, offsetting the negative effect on miners of disappointing Chinese manufacturing data. The benchmark S&P/ASX 200 closed up 1 ...
Tags: Lifts Stocks, economy
PPG chairman notes strategic progress, record financials during annual meeting PPG Industries (NYSE:PPG) today conducted its annual meeting of shareholders in Pittsburgh, where Chairman and Chief Executive Officer Charles E. Bunch spoke ...
Tags: PPG Chairman, PPG
Global packaging and paper company International Paper (IP) has announced that the company is in talks with Unisource regarding a proposed business merger of its distribution business xpedx, and Unisource. Both xpedx and Unisource are ...
Tags: International Paper, Merge Xpedx, Unisource
The Norwegian Competition authority has approved Orkla's purchase of 90.11% of the shares in food firm Rieber & Son. The acquisition is expected to be completed within a week. The approval of the Norwegian competition authorities ...
Tags: Norway Competition
Taigang Stainless, the largest stainless steel producers in China recently released its financial result for the first quarter of this year. In the first quarter of this year, Taigang Stainless realized sales incomes of RMB25.124 billion, ...
Tags: Metallurgy, Mineral, energy, stainless steel
Blackstone Group has given up its bid for Dell, less than a month after the private-equity fund manager said it was planning to top an offer from founder Michael Dell and private-equity firm Silver Lake Partners. In the so-called ...
Tags: DELL, Blackstone
The Blackstone Group has pulled out of the race to buy Dell. The investment group, together with tech investors Insight Venture Partners and Francisco Partners, had made an original offer of $14.25 per share (£9.28). Further ...
Tags: dell, Computer Products
The Etam Group generated sales of €1,216.9 million in 2012, including a positive currency impact of €40.3 million relating mainly to the appreciation of the yuan against the euro. This represents an increase of 2.8% versus 31 ...
Tags: Etam Group, Apparel
Blackstone Group has given up its bid for Dell, less than a month after the private-equity fund manager said it was planning to top an offer from founder Michael Dell and private-equity firm Silver Lake Partners. In the so-called ...
Tags: Computer Products, software
Kohlberg Kravis Roberts & Co. LP and SMCP Group, a leading ready-to-wear affordable luxury apparel retailer, announced that KKR signed a definitive agreement with SMCP’s current shareholders to acquire a majority stake in the Company ...
Tags: KKR, Apparel Retailer
In its preliminary 2012/13 results published today (17 April), the firm also confirmed that it is winding up its chain of 199 US Fresh & Easy shops, which has never made a profit, at cost of 1.2 billion. The UK’s biggest supermarket ...
The Rieter Group held its own in 2012 against difficult market conditions worldwide. Order intake for the year as a whole declined by 12% to 839.7 million CHF, although Rieter received more orders in the second half-year than in the first. ...
Tags: Textile, Rieter Group
On Monday, The Timken Company announced that it sent another letter to its shareholders, urging them to support the company's proven strategy to create shareholder value and vote against Proxy Statement Item No. 6, the shareholder proposal ...
Tags: Timken, Shareholders