Industrial Conglomerates

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3M Co to explore strategic alternatives for its health information systems business

Thursday, 10 Sep 2015 09:00am EDT

3M Co:To explore strategic alternatives for its health information systems business.Selection of a strategic direction is anticipated by the end of Q1 2016.Says has retained Goldman, Sachs & co. as its investment banker to assist the company in exploring strategic alternatives.Alternatives for health information systems could include spinning-off, selling, or retaining and further investing in business within 3M.No decision made with regard to alternatives;there can be no assurance that exploration of strategic alternatives will result in transaction.

Mitsubishi Heavy Industries updates business transfer to wholly owned subsidiary

Friday, 31 Jul 2015 12:30am EDT

Mitsubishi Heavy Industries Ltd:To transfer Hydraulic machine, accelerator, and Intelligent Transport Systems business to a wholly owned Kobe-based subsidiary Mitsubishi Heavy Industries Mechatronics Systems Ltd, and the two entities have signed a transfer contract on July 31.Transfer Hydraulic machine, accelerator business effective Oct. 1 and Transfer Intelligent Transport Systems business effective Nov. 1.

Equation Summit Ltd announces members’ voluntary liquidation of a subsidiary- appointment of liquidator

Wednesday, 29 Jul 2015 05:27am EDT

Equation Summit Ltd:Further to the Company’s announcement dated 30 June 2015 and 27 July 2015, Ms Julia Kappel-Gnirs has been appointed as the liquidator of Equation Technology Limited’s wholly-owned German-incorporated subsidiary, M3 Electronics GmbH.


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Provider : Reuters Investment Profile
Provider : GlobalData
Provider : GlobalData
Provider : GlobalData
Provider : SADIF-Investment Analytics, S.A.

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