Assa Abloy Ab : Assa Abloy acquires Trojan Holdings Limited, a supplier of door and window hardware in the United Kingdom . Says sales at acquired firm for 2016 are expected to reach nearly gbp 20 million (approx. Sek 220 million) and acquisition will be accretive to earings per share from start Further company coverage: [ASSAb.ST] (Reporting By Johan Ahlander) ((firstname.lastname@example.org;)).
Installed Building Products Inc : Announces the acquisition of Virginia based East Coast Insulators .Acquisition adds about $20 million of annualized revenue.
Sanan Optoelectronics Co Ltd <600703.SS> : Says has preliminary contact with German lighting group Osram . Says only had one face-to-face meeting with Osram regarding potential acquisition or cooperation deal . Says to date, both sides have not signed any binding agreement . Says to date, both sides have not negotiated transaction details such as price .Says its shares to resume trade on Oct 11.
Eastem Horizon Group says : Makes takeover offer for Alno Ag . To bid 0,50 eur per Alno share Further company coverage: [ANOG.DE] ((Frankfurt.email@example.com; +49 7565 1272;)).
Carcoustics: says Dare Group acquires Carcoustics from AlpInvest Partners . Chairman of the Dare Group says: "Dare Group is committed to work with the incumbent management to speed up Carcoustics' growth in China." . says Carcoustics' annual sales in 2015 amounted to about 280 million euros .Sources close to deal have previously estimated a purchase price of about 200 mln euros.
Braas Monier : Rejects unsolicited offer by Standard Industries . Rejects this proposal as 25 euros per share contains no premium for control and significantly undervalues company and its future prospects .Nor does this offer price reflect value of synergies which would accrue to Standard Industries by Braas Monier being part of same group as Icopal, a major competitor in European roofing market.
Standard Industries : Says confirms has informally approached the management of Braas Monier . Says no formal decisions have been taken at this point Further company coverage: [BMSA.DE] ((firstname.lastname@example.org; +49 69 7565 1270;)).
Braas Monier : 40 North Management LLC ("40 North") which owns 29.1 percent of Braas Monier's outstanding share capital, yesterday informed Braas Monier that its affiliate Standard Industries intends to make a takeover offer for Braas Monier at 25 euros ($28.05) per share in cash .Board of directors of Braas Monier does not support this proposal as 25 euros per share significantly undervalues company and its future prospects.
Sicagen India Ltd : Sicagen announces acquisition of Danish Steel . Enters into deal to acquire equity share capital of Danish Steel Cluster Pvt Ltd .
Looser Holding AG : Condecta AG, which belongs to Looser Holding AG, acquires 100 percent of the shares in WMS WC-Mietservice GmbH and strengthens its market position and geographic presence in mobile WC facilities .WMS WC-Mietservice GmbH has achieved sales of around 3.3 million Swiss francs ($3.38 million) in recent years.