Mergers & Acquisition

Mergers & Acquisition

Demerger to Be Put to Shareholder Vote at General Meeting of Shareholders in May 2011

December 30, 2010

Separation will become effective shortly after General meeting December 26, 2010 - TNT has revealed that its preparation of the demerger transaction - which will separate TNT's Express and Mail operations - will continue unabatedly, with filing of documentation planned following the 2010 annual results. A General... Read More

Mergers & Acquisition

SunPower Completes Sale of 44-Megawatt Montalto di Castro Solar Park

December 30, 2010

SAN JOSE, Calif., Dec. 27, 2010 - SunPower Corp. (Nasdaq: SPWRA, SPWRB) today announced that it has completed the sale of its 44-megawatt (MW) Montalto di Castro solar park to a consortium of international investors that include MetLife, Fondo PPP Italia (managed by Fondaco SGR S.p.A and advised by Equiter S.p.A... Read More

Mergers & Acquisition

L.B. Foster Completes Tender Offer for Shares of Portec Rail Products, Inc.

December 29, 2010

PITTSBURGH, Dec. 22, 2010 - L.B. Foster Company ("L.B. Foster", Nasdaq: FSTR) today announced the expiration of the subsequent offering period offered by its wholly-owned subsidiary, Foster Thomas Company, for its cash tender offer for all outstanding shares of common stock of Portec Rail Products, Inc. ("Portec... Read More

Mergers & Acquisition

Raytheon Company Recommends Rejection of Below-Market Mini-Tender Offer for Raytheon Shares by TRC Capital Corporation

December 29, 2010

WALTHAM, Mass., Dec. 22, 2010 - Raytheon Company (NYSE: RTN) has received notice of an unsolicited "mini-tender offer" by TRC Capital Corporation to purchase from Raytheon Company shareholders up to two million shares of Raytheon Company common stock, representing approximately 0.5 percent of Raytheon's outstanding... Read More

Mergers & Acquisition

Qiao Xing Universal's Subsidiary Signed Definitive Agreement to Complete the Acquisition of the 100% Equity Interest of a Lead-zinc-Copper Mining Company

December 29, 2010

HUIZHOU, China, Dec. 23, 2010 - Neither the U. S. Securities and Exchange Commission nor any state securities commission has approved or disapproved of the Proposed Offer (defined below) or securities to be issued in connection therewith, or passed upon the adequacy or accuracy of this press release, or the merits... Read More

Mergers & Acquisition

Motorola Mobility Acquires Zecter

December 29, 2010

Acquisition to Enhance Motorola Mobility with Personal Cloud Server and Synch Technologies LIBERTYVILLE, Ill., Dec. 22, 2010 - Motorola Mobility, Inc., a wholly-owned subsidiary of Motorola, Inc. (NYSE: MOT), today announced that it has acquired Zecter, Inc., a leading start-up with synchronization and streaming... Read More

Mergers & Acquisition

Demmer Investments Announces the Acquisition of Quality Tool

December 29, 2010

ST. PAUL, Minn. - Quality Tool, Inc. ("Quality Tool") has been acquired by Demmer Investments IV, Inc., an entity formed by the shareholders of Demmer Corporation ("Demmer"). Terms of the sale were not disclosed. HIGHLIGHTS For over 50 years, St. Paul, Minnesota-based Quality Tool has been a leading provider of... Read More

Mergers & Acquisition

Univar Completes Acquisition of Basic Chemical Solutions

December 28, 2010

Mark Byrne Joins Univar as Chief Operating Officer REDMOND, Wash., Dec. 20, 2010 - Univar Inc., a leading global chemical distributor, announced today that it has completed the acquisition of Basic Chemical Solutions, L.L.C. (BCS), a global distributor and trader of commodity chemicals. Concurrent with the close of... Read More

Mergers & Acquisition

Williams Partners Completes Latest Acquisition of Midstream Assets in Marcellus Shale

December 28, 2010

TULSA, Okla., Dec. 21, 2010 - Williams Partners L.P. (NYSE: WPZ) announced today that it has completed the acquisition of Cabot Oil & Gas Corporation's (NYSE: COG) midstream assets in Susquehanna County, Pa., for $150 million. The assets include approximately 75 miles of gathering pipelines and two compressor... Read More

Mergers & Acquisition

RPM Business Acquires UK-Based Provider of Drainage Systems

December 28, 2010

MEDINA, Ohio, Dec. 21, 2010 - RPM International Inc. (NYSE: RPM) today announced that its RPM Performance Coatings Group has acquired Pipeline & Drainage Systems Ltd. (PDS), a leading supplier of curb, bridge and channel drainage products for construction and infrastructure markets, primarily in the United Kingdom... Read More

Mergers & Acquisition

LyondellBasell Sells Flavors and Fragrances Business to Pinova Holdings, Inc.

December 28, 2010

ROTTERDAM, Netherlands, Dec. 22, 2010 - LyondellBasell (NYSE: LYB) today announced that Pinova Holdings, Inc. has purchased LyondellBasell Flavors & Fragrances, LLC in a transaction which closed today. "This divestiture is consistent with our objective to focus on developing our core businesses of olefins and... Read More

Mergers & Acquisition

CoreLogic Announces Sale of First Advantage Businesses

December 28, 2010

Executing on its strategy to focus on core businesses SANTA ANA, Calif., Dec. 23, 2010 - CoreLogic (NYSE: CLGX), a leading provider of information, analytics and business services, today announced an agreement to sell its Employer Services and Litigation Support businesses. The businesses will be acquired by... Read More

Mergers & Acquisition

Dover to Acquire the Sound Solutions Business Line of NXP

December 28, 2010

DOWNERS GROVE, Ill., Dec. 22, 2010 - Dover Corporation (NYSE: DOV) announced today it has signed a definitive agreement to acquire the Sound Solutions business line of NXP Semiconductors N.V. (Nasdaq: NXPI). Sound Solutions, which is headquartered in Vienna, Austria, will become part of Itasca, Illinois based... Read More

Mergers & Acquisition

Jacobs Announces Definitive Agreement to Acquire Aker Solutions' Process and Construction Business

December 28, 2010

Acquisition Significantly Expands Presence in the Mining and Metals Market PASADENA, Calif., Dec. 21, 2010 - Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it has reached a definitive agreement with Aker Solutions ASA (Aker) to purchase a number of Aker's operations within its Process and... Read More

Mergers & Acquisition

Assa Abloy to Acquire Secure ID Solutions Company Lasercard Corp

December 28, 2010

Stockholm, Sweden - Assa Abloy has entered into a definitive agreement to acquire Lasercard Corporation, a NASDAQ-listed company and a leading provider of secure ID solutions to governments and commercial clients around the world. Lasercard's unique portfolio of card products, services, and solutions for complex ID... Read More

Mergers & Acquisition

Zimmer Announces Acquisition of SoPlus Orthopaedic Surgical Power Tools Company

December 28, 2010

Zimmer adds established manufacturing capabilities and a range of SoPlus products to portfolio WARSAW, Ind., Dec. 22, 2010 - Zimmer Holdings, Inc. (NYSE: ZMH; SIX: ZMH), a global leader in musculoskeletal care, today announced it has acquired Sodem Diffusion S.A., the manufacturer of SoPlus Orthopaedic Surgical... Read More

Mergers & Acquisition

Ahlstrom's Divestment of Production Lines in Bethune Confirmed

December 28, 2010

Ahlstrom, a global leader in nonwovens and specialty papers, announces that it has completed the divestment of three dust filtration product lines in Bethune, SC, USA, to Andrew Industries. Ahlstrom announced earlier this month the sale of the three production lines in Bethune and its Wuxi plant in China to Andrew... Read More

Mergers & Acquisition

Teradata to Acquire Aprimo

December 28, 2010

Strategic move joins leaders in data warehousing and analytics and integrated marketing management to help corporations drive growth and profitable business engagements ATLANTA, Dec. 22, 2010 - Teradata Corporation (NYSE: TDC), the world's largest company solely focused on data warehousing and business analytics... Read More

Mergers & Acquisition

Teledyne Technologies to Acquire DALSA Corporation

December 28, 2010

THOUSAND OAKS, Calif. and WATERLOO, Ontario - December 22, 2010 - Teledyne Technologies Incorporated (NYSE: TDY) ("Teledyne") and DALSA Corporation (TSX: DSA) ("DALSA") jointly announced today that they have entered into a definitive agreement that provides for the acquisition of DALSA Corporation by a wholly-owned... Read More

Mergers & Acquisition

Bertram Capital to Acquire EDI, Positioning the Flat Die Manufacturer for Continued Expansion

December 28, 2010

CHIPPEWA FALLS, WI, U.S.A., December 22, 2010: Extrusion Dies Industries, LLC (EDI), a leading international supplier of flat extrusion and coating dies, announced today that it has agreed to be acquired by Bertram Capital, a private equity firm based in San Mateo, California. The parties did not disclose the terms... Read More