Mergers & Acquisition

Mergers & Acquisition

El Paso Corporation Acquires Interest in Gulf LNG Project

November 30, 2007

HOUSTON, Nov. 28 -- El Paso Corporation (NYSE:EP) announced today a subsidiary of the company has entered into an agreement to acquire a 50 percent interest in the Gulf LNG Clean Energy Project, a planned liquefied natural gas (LNG) terminal in Pascagoula, Mississippi. A subsidiary of El Paso will operate the... Read More

Mergers & Acquisition

Gold Fields Sells 60% Stake in Essakane Project for US$200 Million and Acquires 12.2% Interest in Orezone Resources Inc.

November 30, 2007

JOHANNESBURG, South Africa, November 27 -- Gold Fields Limited ("Gold Fields") (NYSE, JSE, DIFX: GFI) is pleased to announce the successful closing of the transaction announced on 10 October 2007, as a result of which Gold Fields sold its 60% stake in the Essakane Project located in Burkina Faso, West Africa to its... Read More

Mergers & Acquisition

GlobeTel Acquires Exclusive Technology Licenses and Sales Rights from TAO Technologies

November 30, 2007

Companies Move Closer to Completion of Agreement to Form Sanswire-Tao FT. LAUDERDALE, Fla. and STUTTGART, Germany, Nov. 27 -- GlobeTel Communications Corp. (Pink Sheets: GTEM) and TAO Technologies GmbH today announced that, pursuant to their previously announced agreement in principle, TAO has agreed to convey to... Read More

Mergers & Acquisition

Technisource to Merge with Spherion Corporation

November 29, 2007

Transaction to create industry leader in IT staffing and managed services LITTLE ROCK, Ark., Nov. 14 -- Technisource, Inc. announced today that it will combine its operations with Spherion Corporation (NYSE:SFN) to create one of North America's largest providers of information technology staffing and services. The... Read More

Mergers & Acquisition

Adazon's Purchase of the Assets of Combined Printing Increase Its Core Capabilities in Label Manufacturing with the Capabilities of Converting Specialty Vinyl Labels

November 29, 2007

Vinyl material is very expensive to convert in a web environment and the actual conversion process is critical in keeping the costs down. With the purchase of the custom equipment, dies, and the transfer of knowledge, Adazon now has the capabilities of producing colored tinted vinyl materials into die cut labels as... Read More

Mergers & Acquisition

RFMD® Completes Acquisition of Sirenza Microdevices

November 29, 2007

GREENSBORO, N.C., Nov. 13 / -- RF Micro Devices, (NASDAQ:RFMD), a global leader in the design and manufacture of high- performance radio frequency systems and solutions, today announced the completion of its acquisition of Sirenza Microdevices, Inc. (NASDAQ:SMDI), a supplier of radio frequency (RF... Read More

Mergers & Acquisition

Ness Technologies Acquires Hungary's FMC Consulting and Informatics

November 29, 2007

HACKENSACK, New Jersey, November 26 -- Ness Technologies, Inc (NASDAQ: NSTC), a global provider of information technology services and solutions, today announced that it has completed the acquisition of FMC Consulting and Informatics Ltd., a privately-held IT consulting and services company based in Hungary. For the... Read More

Mergers & Acquisition

Oremex Resources Agrees to Acquire Cuyoaco Property

November 29, 2007

VANCOUVER, Nov. 20 -- Oremex Resources Inc. (TSX-V: ORM) (the "Company") announces that it has executed an agreement to acquire the Cuyoaco Gold and Base Metal Property in the State of Puebla, Mexico. The property has the potential to host both a high grade gold system and a large copper-gold porphyry deposit. The... Read More

Mergers & Acquisition

GSK to Acquire Reliant Pharmaceuticals

November 29, 2007

Addition of Lovaza to expand GSK cardiovascular portfolio in US Acquisition provides sales, synergy benefits LONDON, PHILADELPHIA and LIBERTY CORNER, N.J., Nov. 21 / -- GlaxoSmithKline (NYSE:GSK) and Reliant Pharmaceuticals Inc. announced today that they had reached an agreement under which Reliant will be acquired... Read More

Mergers & Acquisition

Oil Refineries Subsidiary Gadiv Signed LOI to Purchase 50% of Chinese Company

November 29, 2007

HAIFA, Israel, November 20 -- Oil Refineries Ltd. (TASE: ORL) (the "Company"), Israel's largest oil refiner, announced today that its wholly owned subsidiary, Gadiv Petrochemical Industries Ltd has signed a letter of intent for the purchase of 50% of the registered capital of a Chinese Company. The Company hereby... Read More

Mergers & Acquisition

TurboCom

November 29, 2007

TurboCombustor Technology, Inc. (TCT) is pleased to announce that Douglas Machine & Tool Company (DMT) has been merged into TCT effective as of August 29, 2007. TurboCombustor Technology, Inc., with its' Corporate Headquarters in Stuart, FL, is an industry leader in the manufacturing of Complex Sheet Metal... Read More

Mergers & Acquisition

Spreadtrum Communications Acquires Quorum Systems, a Leading CMOS RF Transceiver Designer

November 29, 2007

SHANGHAI, China, Nov. 18 / -- Spreadtrum Communications, Inc. (NASDAQ:SPRD), one of China's leading wireless baseband chipset providers, today announced that it has entered into a definitive agreement to acquire Quorum Systems, Inc. ("Quorum"), a San Diego-based fabless semiconductor company that specializes in the... Read More

Mergers & Acquisition

AWT Signs Agreement with Medical Equipment Distribution Company

November 29, 2007

Acquisition target agrees to acquisition terms with AWT SOMERSET, N.J., Nov. 27 -- AWT, Inc. (Pink Sheets: AWTM), announced that it has signed agreements that will facilitate its acquisition of a local medical supply and medical equipment distribution company. The Standstill Agreement allows for AWT and its... Read More

Mergers & Acquisition

Haemonetics Completes Acquisition of TEG® Hemostasis Analyzer Business

November 29, 2007

BRAINTREE, Mass., Nov. 20 / -- Haemonetics Corporation, a global blood management company, confirmed today that it has acquired Haemoscope Corporation's TEG® Thrombelastograph® Hemostasis Analyzer business for $44 million cash. The companies previously announced their agreement on the acquisition. (See press release... Read More

Mergers & Acquisition

Advanced Instruments Acquires Mart Microbiology B.V.

November 29, 2007

NORWOOD, Mass., Nov. 19 / -- Advanced Instruments, Inc., of Norwood, Massachusetts, announced today that it has acquired 100% of the shares of Mart Microbiology B.V. of The Netherlands. The terms of the transaction were not disclosed. Mart Microbiology manufactures and markets the Anoxomat(TM) line of instruments... Read More

Mergers & Acquisition

Werner Co. Terminates Letter of Intent to Purchase Assets of Green Bull Ladder

November 29, 2007

GREENVILLE, Pa., Nov. 20 -- Werner Co. announced today that it has officially terminated its letter of intent and no longer desires to purchase substantially all of the assets of Green Bull Ladder Company and certain affiliates. After conducting its due diligence of the business and financial matters concerning... Read More

Mergers & Acquisition

Hanwha Acquires AZDEL, Inc. From SABIC Innovative Plastics, PPG Industries

November 29, 2007

FOREST, Virginia - Nov. 20, 2007 - Hanwha Living & Creative (L&C) Corporation announced today that it has finalized the acquisition of AZDEL Inc., a 50/50 joint venture of SABIC Innovative Plastics (formerly GE Plastics) and PPG Industries. The acquisition of AZDEL will allow Hanwha to expand its offering of... Read More

Mergers & Acquisition

Philips to Acquire Genlyte in an All-Cash Transaction for USD 95.50 Per Share

November 29, 2007

LOUISVILLE, Ky., Nov. 26 -- The Genlyte Group Incorporated (NASDAQ:GLYT) ("Genlyte"), a leading manufacturer of lighting fixtures, controls, and related products for the commercial, industrial and residential markets, today announced that it has entered into a definitive merger agreement with Philips Holding USA... Read More

Mergers & Acquisition

Measurement Specialties Announces Visyx Acquisition

November 29, 2007

HAMPTON, Va., Nov. 20 -- Measurement Specialties, Inc. (NASDAQ:MEAS), a global designer and manufacturer of sensors and sensor- based systems, announced today that it has acquired the assets of California- based Visyx Technologies (www.visyx.com). The terms of the transaction were not disclosed. Based on a unique... Read More

Mergers & Acquisition

Lyondell Announces Result of Shareholder Vote on Its Acquisition by Basell

November 29, 2007

HOUSTON, Nov. 20 -- Lyondell Chemical Company (NYSE:LYO) announced that, at a Special Meeting of Shareholders held today (the "Meeting"), shareholders approved the Agreement and Plan of Merger, dated as of July 16, 2007, among Basell AF, BIL Acquisition Holdings Limited ("Basell") and Lyondell pursuant to which... Read More