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Bharat Forge Signs Deal With Aeron Systems For 100 Mln Rupees

4:02am EDT

May 22 (Reuters) - Bharat Forge Ltd ::ENTERED SHARE SUBSCRIPTION AGREEMENT WITH AERON SYSTEMS, FOUNDERS TO SUBSCRIBE TO 97,500 SHARES FOR 26% STAKE.DEAL FOR 100 MILLION RUPEES.

Componenta To Acquire Komas Oy

Thursday, 16 May 2019 01:00am EDT

May 16 (Reuters) - Componenta Corp ::COMPONENTA TO ACQUIRE KOMAS OY AND BECOME THE LEADING METAL COMPONENT MANUFACTURER IN FINLAND.IN 2018, KOMAS HAD NET SALES EUR 44.9 MILLION ACCORDING TO FINNISH ACCOUNTING STANDARDS (FAS) AND EBITDA OF EUR 2.0 MILLION.IS PLANNING TO ISSUE SHARES FOR SELLERS OF KOMAS AS A FORM OF PAYING PURCHASE PRICE.PURCHASE PRICE OF KOMAS CONSISTS OF 60 MILLION NEW SHARES ISSUED BY COMPONENTA.PURCHASE PRICE IS EUR 6.6 MILLION IF CLOSING PRICE OF COMPONENTA'S SHARE ON 15 MAY 2019.

Thyssenkrupp CEO: No Break Fees As A Result Of Failed JV With Tata Steel

Friday, 10 May 2019 09:17am EDT

May 10 (Reuters) - Thyssenkrupp ::CEO SAYS WE WILL BEGIN SPLITTING OFF ELEVATORS UNIT ON MONDAY.SAYS WE WANT TO BE READY FOR IPO IN NEW FISCAL YEAR.CEO SAYS THERE IS NO BREAK FEES AS A RESULT OF THE FAILED STEEL JV WITH TATA STEEL.

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