Mergers & Acquisition

Mergers & Acquisition

Saint-Gobain's Construction Products Sector Bolsters its Presence in Emerging Countries

January 24, 2007

PARIS, January 18 -- Saint-Gobain's Construction Products sector is strengthening its positions in emerging countries, thanks to six acquisitions completed over the last few weeks in South Africa, Algeria, Turkey and Argentina. The acquisitions concern companies involved in the industrial mortars, insulation and... Read More

Mergers & Acquisition

Deep Down Executes LOI to Acquire ElectroWave USA

January 24, 2007

HOUSTON, Jan. 22 -- Deep Down, Inc. (BULLETIN BOARD: DPDW) today announced it has signed a letter of intent to acquire ElectroWave USA, an electronic monitoring/control system designer and manufacturer serving the energy, military, and commercial sectors, located in Houston, Texas. "We are excited to have an... Read More

Mergers & Acquisition

B&M Acquires Hurst

January 24, 2007

January 17, 2007 - Chatsworth, CA Nate Shelton, Chairman of the B&M Companies, announced the acquisition of the Hurst Shifter Division, a Mr.Gasket Inc. brand since 1987. Hurst is a leading manufacturer of performance and racing shifters for the manual and automatic transmission markets. Known as "America's Number... Read More

Mergers & Acquisition

Stanley Works Completes HSM Acquisition

January 24, 2007

NEW BRITAIN, Conn., Jan. 16: The Stanley Works (NYSE:SWK) announced that it has completed its previously announced purchase of HSM Electronic Protection Services, Inc. ("HSM") from Chicago-based private equity firm GTCR for $545 million cash. HSM, based in Lisle, IL provides security alarm monitoring services and... Read More

Mergers & Acquisition

Elektrobit Sold to Embio its Business Activities in Kemi and Ylivieska, Finland

January 23, 2007

Elektrobit and Embio signed an agreement on December 29, 2006, according to which Elektrobit's business activities in Kemi and Ylivieska were transferred to Embio on December 29, 2006. In context, 42 employees were transferred to Embio with corresponding terms of employment. The parties have agreed not to publish... Read More

Mergers & Acquisition

SKF Acquires Preventive Maintenance Company Inc.

January 23, 2007

KULPSVILLE, PA - In a move that strengthens SKF's market leadership in reliability services, condition monitoring products, maintenance strategies, and consulting services, the company's subsidiary, SKF USA Inc. has acquired Preventive Maintenance Company Inc. (PMCI), Elk Grove Village, Illinois, USA. PMCI has 70... Read More

Mergers & Acquisition

Teleperformance: Strategic Move on the German Market

January 23, 2007

PARIS and MONTABAUR, Germany, January 19 -- Teleperformance SA and United Internet AG have signed a share purchase agreement relating to the acquisition by Teleperformance of 100% of the shares of twenty4help Knowledge Service AG, European leader in Technical support and help desk. The closing of the transaction... Read More

Mergers & Acquisition

Arcelor Mittal Announces Sale of Huta Bankowa

January 22, 2007

Rotterdam/Luxembourg, January 19, 2007 - Arcelor Mittal has announced today the agreed sale of Huta Bankowa to Alchemia SA Capital Group, as part of Mittal Steel's commitments to the European Commission during the recommended merger of Arcelor S.A. and Mittal Steel N.V. Huta Bankowa, a 100% subsidiary of Arcelor... Read More

Mergers & Acquisition

Abbott to Sell Its Core Laboratory Diagnostics Business, Including Point of Care, to GE for $8.13 Billion

January 22, 2007

Abbott's Molecular Diagnostics and Diabetes Care Businesses to Remain Part of Abbott's Broad-Based Portfolio ABBOTT PARK, Ill., Jan. 18 -- Abbott (NYSE:ABT) today announced that it will sell its core laboratory diagnostics business included in the Abbott Diagnostics Division and Abbott Point of Care (formerly known... Read More

Mergers & Acquisition

TriZetto Signs Definitive Agreement to Acquire Plan Data Management, Inc. to Bolster its Medicare Advantage Solutions and Applied Business Intelligence Capabilities

January 22, 2007

NEWPORT BEACH, Calif.--The TriZetto Group, Inc. (NASDAQ: TZIX) today announced that it has signed a definitive agreement to acquire privately held Plan Data Management, Inc., a leading provider of revenue enhancement software and administrative efficiency solutions for payers that service members in Medicare... Read More

Mergers & Acquisition

LSI Logic Announces HSR Clearance to Merge with Agere Systems

January 22, 2007

MILPITAS, Calif., Jan. 19 -- LSI Logic Corporation (NYSE:LSI) today announced that the waiting-period under the Hart-Scott- Rodino Antitrust Improvements Act of 1976 with respect to the proposed merger of LSI and Agere Systems Inc. (NYSE:AGR) has expired. On December 4, 2006, LSI and Agere announced a definitive... Read More

Mergers & Acquisition

Impsat Shareholders Approve Acquisition by Global Crossing

January 19, 2007

FLORHAM PARK, N.J., Jan. 17 -- Global Crossing Limited (NASDAQ:GLBC) today announced that the shareholders of Impsat (BULLETIN BOARD: IMFN.OB) have voted to approve its proposed acquisition for $9.32 in cash for each share of Impsat common stock. The proposed acquisition represents a total equity value of... Read More

Mergers & Acquisition

Hospira Acquisition of Mayne Pharma Clears U.S. Antitrust Review

January 19, 2007

LAKE FOREST, Ill., Jan. 18 -- Hospira, Inc. (NYSE:HSP), a leading global hospital products company, and Mayne Pharma Limited , a leading Australia-based specialty injectable pharmaceuticals company, today announced that, subject to the divestiture of certain overlapping products, the U.S. Federal Trade Commission... Read More

Mergers & Acquisition

Umicore Acquires U.S. Contact Materials Producer

January 19, 2007

In the framework of its strategy of growing its worldwide position in the manufacturing of precious-metal based technical materials, Umicore has acquired the business of leading U.S. contact materials producer Ames Electro Materials Corp. (AEMC) - a subsidiary of Ames Goldsmith Corp. of Glens Falls, NY. Ames... Read More

Mergers & Acquisition

Fortify Software Announces Definitive Agreement to Acquire Secure Software, Inc.

January 19, 2007

Acquisition Extends Fortify's Lead in the Software Security Market PALO ALTO, Calif., Jan. 17 -- Fortify Software Inc., the market-leading provider of software security products that span the software development lifecycle, today announced a definitive agreement to acquire Mclean, Va.-based Secure Software, Inc... Read More

Mergers & Acquisition

Umicore Acquires U.S. Contact Materials Producer

January 19, 2007

In the framework of its strategy of growing its worldwide position in the manufacturing of precious-metal based technical materials, Umicore has acquired the business of leading U.S. contact materials producer Ames Electro Materials Corp. (AEMC) - a subsidiary of Ames Goldsmith Corp. of Glens Falls, NY. Ames... Read More

Mergers & Acquisition

Kinder Morgan Energy Partners to Own 100% of Cochin Pipeline

January 18, 2007

HOUSTON, Jan. 15 -- Kinder Morgan Energy Partners, L.P. (NYSE:KMP) today announced it has entered into an agreement with affiliates of BP to increase KMP's ownership stake in the Cochin Pipeline System to 100 percent. BP Canada Energy Company currently operates Cochin and owns just over 50 percent of the system... Read More

Mergers & Acquisition

Nycomed Officially Launched as Combined Group

January 18, 2007

MELVILLE, N.Y. and FLORHAM PARK, N.J., Jan. 16 -- Today Nycomed announced the official launch of the combined group following the acquisition of ALTANA Pharma AG which was completed on December 31, 2006. Nycomed will now focus on integrating the two companies, while ensuring that the high level of customer service... Read More

Mergers & Acquisition

Moog Announces Medical Devices Acquisition

January 18, 2007

EAST AURORA, N.Y., Jan. 12 -- Moog Inc. (NYSE:MOG.A)(NYSE:and)(NYSE:MOG.B) announced today that it has entered into a definitive agreement to acquire ZEVEX International, Inc. (NASDAQ:ZVXI) for $13.00 in cash per share of ZEVEX common stock. The agreement also provides that each holder of options for ZEVEX common... Read More

Mergers & Acquisition

Federal Signal Corporation Acquires Codespear

January 18, 2007

Broadens Integrated Security Solutions Portfolio OAK BROOK, Ill., Jan. 15 -- Federal Signal Corporation (NYSE:FSS) announced today that it has acquired the business and assets of Birmingham, Michigan, based Codespear, LLC. Codespear is a privately held developer of specialized software used in emergency management... Read More