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Industrial Conglomerates

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Carlisle companies acquires San Jamar

Monday, 9 Jan 2017 06:15pm EST

Carlisle Companies Inc : Carlisle Companies acquires San Jamar .Carlisle Companies Inc says business will operate as a separate unit within Carlisle Foodservice Products.

Aperam to divest French tubes activities

Monday, 9 Jan 2017 12:07pm EST

Aperam SA : Aperam announces its intention to divest Aperam Stainless Services & Solutions Tubes Europe, its French tubes activities . Any transaction would be expected to be completed by end of first half of 2017 .Is currently contemplating a binding offer from Mutares AG to acquire its stainless steel welded tubes entities located in ancerville and annecy in France.

Siemens Ltd seeks members' nod for approval of deals with Siemens Healthcare

Monday, 9 Jan 2017 06:45am EST

Siemens Ltd :Seeks members' nod for approval of transactions with Siemens Healthcare Private Limited.

U.S. CPSC says Toshiba recalls about 83,000 laptop computer battery packs

Wednesday, 4 Jan 2017 12:30pm EST

U.S. Consumer Product Safety Commission- : U.S. Consumer Product Safety Commission- Toshiba recalls about 83,000 laptop computer battery packs due to burn and fire hazards . U.S. CPSC-Expanded recall involves panasonic lithium-ion battery packs installed in 41 models of toshiba satellite laptops . U.S. CPSC - toshiba received 5 reports of battery pack overheating, melting, including 1 additional report since first recall .U.S. Consumer Product Safety Commission says no injuries have been reported..

Aditya Birla Nuvo says Turquoise Investments and Finance acquires 1.1517 pct stake in co

Tuesday, 3 Jan 2017 12:37am EST

Aditya Birla Nuvo Ltd :Says Turquoise Investments and Finance Pvt Ltd acquires 1.1517 percent stake in co; shareholding at 6.4383 percent.

Aditya Birla Nuvo says IGH Holdings raises stake in co to 15.7798 pct

Tuesday, 3 Jan 2017 12:35am EST

Aditya Birla Nuvo Ltd :Says IGH Holdings Pvt Ltd raises stake in co by 3.2247 percent to 15.7798 percent on Dec 30.

Southern Company unit announces strategic wind development agreement

Friday, 30 Dec 2016 10:00am EST

Southern Co : Southern Company subsidiary announces strategic wind development agreement . Southern Co - Southern Power announced joint development agreement with Renewable Energy Systems Americas Inc to develop about 3,000 mw across 10 projects . Southern Co - Additionally, Co has signed agreements to purchase wind turbine equipment from both Siemens and Vestas for use at facilities .Says wind turbine equipment purchased from both Siemens and Vestas will be used to secure current tax benefits for identified projects.

Moody's downgrades Toshiba Corp to CAA1 ratings

Wednesday, 28 Dec 2016 06:16am EST

Toshiba Corp <6502.T>: Moody's downgrades Toshiba corp to CAA1; ratings on review for further downgrade . Moody's says downgrade of Toshiba's ratings principally reflects moody's deepening concerns over the sustainability of toshiba's near-term liquidity . Moody's says downgrade of Toshiba's ratings also reflects moody's mounting concerns over the co's implementation of its corporate governance framework . Moody's on Toshiba-evidence of worsening liquidity position or non-curable breach in bank debt covenants likely place immediate pressure on ratings . Moody's says "impairment loss could further lead to a breach of toshiba's bank debt financial covenants" .Moody's says unclear as to whether or not toshiba acted in accordance with new corporate governance framework in acquisition of cb&i stone and webster.

Hitachi Ltd to sell power tools unit to Kohlberg Kravis Roberts in deal to exceed 150 billion yen - Nikkei

Tuesday, 27 Dec 2016 12:27pm EST

Nikkei: Negotiations related to Hitachi Koki's sale to Kohlberg Kravis Roberts are in the final stages - Nikkei . Official agreement between Hitachi and Kohlberg Kravis Roberts could be reached next month - Nikkei . After Kohlberg Kravis Roberts' acquisition of Hitachi Koki, Hitachi Koki would be delisted from the Tokyo Stock Exchange's first section - Nikkei . Hitachi Ltd intends to sell power tools unit Hitachi Koki to Kohlberg Kravis Roberts in deal estimated to exceed 150 billion yen - Nikkei .Kohlberg Kravis Roberts plans to purchase all of Hitachi Koki's outstanding shares through a tender offer - Nikkei.

Mentor Graphics received notice from FTC of early termination

Tuesday, 27 Dec 2016 07:00am EST

Mentor Graphics Corp :Mentor graphics-on Dec 22 received notice from ftc of early termination, effective immediately for pending acquisition of co by Siemens industry.

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