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Siemens said to give Gamesa $1 bln in cash in wind deal- Bloomberg

Thursday, 16 Jun 2016 02:19pm EDT

: Siemens AG to pay about $1 bln of cash to Spain's Gamesa Corp Tecnologica SA as part of a deal to combine the companies' wind businesses - Bloomberg . Gamesa to receive cash as special dividend from new wind venture as well as 41 pct stake in business, with Siemens holding 59 pct - Bloomberg .Gamesa new venture with Siemens AG could have a market capitalization of about 10 billion euros ($11 billion) - Bloomberg.

Hap Seng Consolidated says unit entered into two separate SPAs for land acquisitions

Wednesday, 15 Jun 2016 07:20am EDT

Hap Seng Consolidated Bhd : Says unit Euro-Asia Brand Holding Company Sdn entered into two separate sale and purchase agreements . Sale and purchase agreements to acquire all those parcels of Freehold agricultural land together with oil palm trees planted . Consideration paid to Shalimar (Malay) and indo malay are 121.5 million rgt and 107.2 million rgt respectively .

Siemens and Gamesa Corporacion close to announcing an deal to combine their wind-power activities- WSJ

Wednesday, 15 Jun 2016 04:30am EDT

: Siemens and Gamesa Corporacion are close to announcing an anticipated deal to combine their wind-power activities- - WSJ, citing sources . Deal could see Siemens transferring its offshore wind activities to Gamesa in exchange for a 60 pct stake in enlarged busines- WSJ,citing sources . Deal could help realize annual savings of around 200 million Euros for the combined co - WSJ,citing sources Source (http://on.wsj.com/1UTJ9Ia) (Bengaluru Newsroom) (((+91 80 6749-1130; within U.S. +1 646 223 8780);)).

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