Heavy Electrical Equipment

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Melrose Industries PLC's Elster Gas business announces acquisition of Eclipse Inc

Tuesday, 30 Sep 2014 02:02am EDT

Melrose Industries PLC:Says that its Elster Gas business has signed a conditional agreement for the acquisition of Eclipse Inc., a manufacturer of gas combustion components and systems for industrial heating and drying applications headquartered in Rockford, Illinois (USA).Total consideration of $158 mln is payable in cash on completion.Transaction is on a debt and cash free basis and will be funded within the existing debt facilities of the Melrose Group.Completion is conditional upon obtaining anti-trust clearance in the United States and is expected to occur during Nov. 2014.

Northbridge Industrial Services Plc's subsidiary completes acquisition and placing

Tuesday, 23 Sep 2014 02:01am EDT

Northbridge Industrial Services plc:Completed the acquisition of Tasman Oil Tools Ltd (TOT) and Tasman Oil Tools Leasing Ltd (Tasman) through its wholly owned subsidiary Northbridge Industrial Services NZ Holdings Ltd.Total consideration of the transaction is NZ$26 million (13 million Pounds).It has raised about 3.5 million Pounds (before expenses) by way of a placing of 642,202 new ordinary shares at a price of 545 pence per share.Says net proceeds of the Placing will, in conjunction with the Banking Facilities, be used to finance the initial cash element of the consideration and expenses payable in relation to the Acquisition.

XiAn Shaangu Power Co Ltd subsidiary to fully acquire Jungar-based company

Friday, 19 Sep 2014 08:00pm EDT

XiAn Shaangu Power Co Ltd:Shaanxi-based gas subsidiary to acquire a 100 pct stake in Jungar-based gas company from a Inner Mongolia-based Chemical company.Transaction amount 88.68 mln yuan.

Savaria Corp announces acquisition of Silver Cross as Well as an increase in quarterly dividend of 14 pct

Thursday, 11 Sep 2014 09:32am EDT

Savaria Corp:Announced the purchase of Silver Cross for a cash consideration of $4.7 million of which $2.5 million is payable immediately and $2.2 million is payable in eight semi-annual installments beginning in six months.Approved an increase to the quarterly dividend of 14 pct to 4 cents ($0.04) per common share, effective immediately.

Shanghai Guangdian Electric Group to acquire stake in Hangzhou-based company

Friday, 29 Aug 2014 08:00pm EDT

Shanghai Guangdian Electric Group Co Ltd:To acquire 70 pct stake in Hangzhou-based company, from three individuals.Transaction price of 420 mln yuan.

TBEA Co Ltd to acquire property

Wednesday, 27 Aug 2014 08:00pm EDT

TBEA Co Ltd:To aquire property at 4,584 yuan per square meter, from Xinjiang-based real estate company.Transaction price of 208,488,900 yuan.

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Analyst Research

Report Title Price
Provider: Bohai Securities Co.,Ltd.
$35.00
Provider: Bohai Securities Co.,Ltd.
$35.00
Provider: GlobalData
$125.00
Provider: Reuters Investment Profile
$20.00
Provider: Bohai Securities Co.,Ltd.
$23.00

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