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CSG Smart Science and Technology unit to buy 85 pct stake in machinery firm for 35 mln yuan

Thursday, 19 Jan 2017 11:55pm EST

CSG Smart Science&Technology Co Ltd <300222.SZ> :Says co's robotics tech unit enters into agreement to acquire 85 percent stake in a Hangzhou-based machinery firm, at price of 35 million yuan.

B&W acquires Universal Acoustic & Emission Technologies

Wednesday, 11 Jan 2017 04:56pm EST

Babcock & Wilcox Enterprises Inc : b&w acquires universal acoustic & emission technologies, inc. . Babcock & Wilcox enterprises inc - deal is based on an enterprise value of $55 million, subject to certain adjustments . Babcock & Wilcox enterprises inc- new company will be named Babcock & Wilcox universal and operate under trade name B&W universal . Babcock & Wilcox enterprises inc says universalaet is expected to generate approximately $80 million of annual revenue and to be accretive in 2017 .Babcock & Wilcox enterprises inc - universalaet is expected to generate approximately $80 million of annual revenue in 2017.

Genting Hong Kong says unit entered into ABB agreements with certain units of ABB Group

Monday, 9 Jan 2017 09:06am EST

Genting Hong Kong Ltd <0678.HK> : Genting Hong Kong- MVWW, unit of co, entered into ABB agreements with certain subsidiaries of ABB group . Aggregate consideration under ABB agreements is approximately EUR131 million .Genting Hong Kong - unit to purchase complete propulsion systems, electric power plants, automation and marine software systems for various vessels.

Nordex wins contracts for 148 MW in Argentina

Tuesday, 3 Jan 2017 07:38am EST

Nordex SE : Nordex awarded contracts for 148 MW in Argentina .Construction is to commence in Q4 of 2017 for expected completion in summer 2018.

Beijing Hezong Science & Technology to acquire two companies for 720 mln yuan

Wednesday, 28 Dec 2016 08:53am EST

Beijing Hezong Science & Technology Co Ltd <300477.SZ> : Says it plans to acquire a Hunan company and a Jiangsu company for 720 million yuan ($103.51 million) via cash, share issue .Says it plans to raise up to 505 million yuan in private placement of shares to help fund acquisition.

Galaxy Biomedical Investment unit to raise stake in bio-tech firm to 50 pct for 120 mln yuan

Tuesday, 27 Dec 2016 10:48pm EST

Galaxy Biomedical Investment Co Ltd <000806.SZ> :Says co's bio-pharmaceutical unit enters into agreement to inject capital of 120 million yuan in a bio-tech firm, and will own a 50 percent stake in it after transaction.

UQM Technologies announces termination of stock purchase agreement

Tuesday, 27 Dec 2016 06:45am EST

UQM Technologies Inc : UQM Technologies Inc - there are no penalties to uqm from terminating agreement following end date . UQM Technologies Inc - "we have cash and an asset base to meet our anticipated liquidity needs for near future" .UQM Technologies announces termination of stock purchase agreement with Hybrid kinetic group.

China Western Power Industrial to fully buy power generation firm

Monday, 26 Dec 2016 11:20pm EST

China Western Power Industrial Co Ltd <002630.SZ>:Says it plans to use 51 million yuan to raise stake in Yulin-based power generation firm to 100 percent from 49 percent.

Shandong Luyitong Intelligent Electric scraps asset acquisition plan

Sunday, 25 Dec 2016 10:59pm EST

Shangdong Luyitong Intelligent Electric Plc <300423.SZ> :Says it scraps asset acquisition plan as concerning parties failed to reach agreement.

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