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Heavy Electrical Equipment

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Palfinger Marine decides not to complete acquisition of TTS Group

Monday, 15 Aug 2016 02:24am EDT

TTS Group ASA : Palfinger Marine Gmbh has decided not to complete the acquisition of TTS Group ASA . Says will now fully concentrate energy on execute executing stand-alone strategy .Short term focus will be on operational efficiency, says Toril Eidesvik, CEO.

Palfinger Marine will not complete voluntary offer for shares in TTS Group

Monday, 15 Aug 2016 01:38am EDT

TTS Group ASA : Said on Sunday, Palfinger Marine GmbH had not received acceptances for more than 90 percent of shares in TTS on a fully diluted basis .As a result, Palfinger will not complete voluntary offer for outstanding shares in TTS Group.

Xuzhou Wuyang Technology acquires 51 pct stake in tech and commercial co

Sunday, 14 Aug 2016 10:21pm EDT

Xuzhou Wuyang Technology Co., Ltd. <300420.SZ>:Says it completes the acquisition of 51 percent in a Beijing-based technology and commercial firm via cash.

Wuxi Huaguang Boiler to acquire environmental company, thermal power firms

Friday, 12 Aug 2016 07:45am EDT

Wuxi Huaguang Boiler Co Ltd <600475.SS> : Says it plans to acquire Guolian Environment & Energy Group's assets & debts via share swap, stakes in two thermal power firms via cash . Says estimated value of the proposed acquisitions is about 6.1 billion yuan ($918.05 million) .Says it plans to raise up to 223.6 million yuan in private placement of shares to fund acquisitions.

Hunan Changgao High Voltage Switchgear Group fully buys power engineering firm

Friday, 12 Aug 2016 05:56am EDT

Hunan Changgao High Voltage Switchgear Group Co Ltd <002452.SZ>:Says it completed full acquisition of Hubei-based power engineering company.

Beijing SOJO Electric and unit to fully buy tech-co for 14 mln yuan

Friday, 29 Jul 2016 02:01am EDT

Beijing SOJO Electric Co., Ltd. <300444.SZ>:Says the co and unit plan to acquire 100 percent stake in a Yunnan-based technology firm, for 14 million yuan.

Miracle Automation Engineering to fully buy architecture design firm for 26 mln yuan

Wednesday, 27 Jul 2016 11:59pm EDT

Miracle Automation Engineering Co Ltd <002009.SZ>:Says it plans to use 26 million yuan to buy 100 percent stake in a Wuxi-based architecture design company.

IMP Powers enters marketing and sales agreement with Smart Hydro Power GmbH

Tuesday, 26 Jul 2016 07:30am EDT

IMP Powers Ltd : Entered exclusive marketing and sales agreement with Smart Hydro Power GmbH Ltd . Under agreement, co will market 5kw kinetic engine turbines in India .

Changjiang Runfa Machinery gets regulatory approval for asset acquisition

Monday, 25 Jul 2016 05:20am EDT

Changjiang Runfa Machinery Co Ltd <002435.SZ> :Says it gets securities regulator's approval for asset acquisition, shares to resume trading on July 26.

NHPC signs MoU with BHEL for hydro power projects in overseas markets

Thursday, 21 Jul 2016 08:42am EDT

NHPC Ltd : Signed a MoU with BHEL for hydro power projects in overseas markets; cos to look after civil, electro mechanical package respectively. .

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