QIAGEN Makes Proposal to Acquire Australian Diagnostics Company Cellestis Limited
o QIAGEN to acquire Cellestis Limited (CST:AU) via a Scheme of Arrangement (the Scheme) for approximately A$341 million(1) (US$355 million), or A$3.55 per share o Unanimous support from Cellestis board of directors(2); QIAGEN granted options to acquire up to 19.9% of Cellestis ordinary shares under certain circumstances, subject to regulatory approvals o Acquisition provides QIAGEN with exclusive...
Read More »SAIC Announces Agreement to Sell Its Global Oil and Gas IT Services Business; Reconfirms Growth Strategy in Other Energy Verticals
MCLEAN, Va., April 1, 2011 - Science Applications International Corporation (SAIC) (NYSE: SAI) today announced it has reached an agreement to sell to Wipro Ltd. (NYSE: WIT) certain SAIC operations focused on providing specialized IT services to oil and gas companies. The operations being sold comprise SAIC's U.S. oil and gas IT services business along with subsidiaries located in the United...
Read More »Coates International, Ltd. Has Signed a Letter of Intent to Merge with an Established Chinese Industrial Engine and Generator Manufacturer
WALL TOWNSHIP, N.J., April 1, 2011 - Coates International, Ltd. (OTCBB: COTE) - Coates International Ltd. (the Company ) has signed a letter of intent to merge with an industrial engine and generator manufacturing company in China. Management believes that if our company is to get into mass production soon, it must act now. The Chinese manufacturer currently employs more than 2,000 skilled plant...
Read More »GM Announces Sale of Its Stake in Delphi Automotive for $3.8 Billion
DETROIT, March 31, 2011 - General Motors Company (NYSE: GM) today announced the sale of its Class A Membership Interest in Delphi Automotive LLP (Delphi) back to Delphi for $3.8 billion. GM acquired the Class A Membership Interest in October 2009 in conjunction with the creation of Delphi. We are systematically delivering on our commitment to strengthen and simplify our balance sheet, said Dan...
Read More »Goodrich Corporation Signs Agreement to Acquire Microtecnica
Acquisition complements existing flight control actuation business and strengthens Goodrich's position in the helicopter market CHARLOTTE, N.C., April 1, 2011 - Goodrich Corporation (NYSE: GR) has signed an agreement with SSCP Aero Holdings S.C.A., a company backed by the European private equity firm Stirling Square Capital Partners, to acquire Microtecnica S.r.l. Microtecnica is a leading...
Read More »QSI Corporation Becomes Beijer Electronics, Inc.
Salt Lake City, UT.1 April 2011 - Today, QSI Corporation legally changed its name to Beijer Electronics, Inc. and is now the North American division of Beijer Electronics. Beijer Electronics [BELE] is a publicly traded company out of Malmo, Sweden with offices in sixteen countries around the world. Their human machine interface (HMI) products business area is best known for their iX Software...
Read More »Industrial Equipment Division of Toyota Canada Aligns with Toyota Global Material Handling Division
IRVINE, Calif. - (April 1, 2011) - As part of Toyota Industries Corporation's (TICO) global strategy to focus on its material handling business, Irvine, Calif.-based Toyota Material Handling, U.S.A., Inc. (TMHU) announced today that effective Oct. 1, 2011 it will acquire the Industrial Equipment Division (IED) of Toyota Canada Inc. (TCI). Over the past decade, globally Toyota has strategically...
Read More »UTC Fire & Security Completes Sale of U.K. Manned Guarding Business
FARMINGTON, Conn., April 1, 2011 - The sale of UTC Fire & Security's Chubb Security Personnel manned guarding business in the U.K. to an affiliate of Securitas AB of Sweden has closed. The sale was first announced in January of this year. UTC Fire & Security is a unit of United Technologies Corp. (NYSE: UTX). About UTC Fire & Security UTC Fire & Security provides fire safety and security...
Read More »NC4 Signs E-SPONDER Deal to Rapidly Expand Availability of SharePoint-Based Solutions to the Emergency Management Community
Acquisition will Enable NC4 to Leverage E-SPONDER and Microsoft SharePoint Capabilities across the NC4 Situational Readiness Solution Suite EL SEGUNDO, Calif., March 29, 2011 - NC4 Inc., the leader in Situational Readiness solutions, is proud to announce its agreement to purchase all of the assets of E-SPONDER, LLC including the E-SPONDER family of products. This acquisition will further NC4's...
Read More »EAG Acquisition of Chemir Expands Service Offerings for Customers
World Leader in Surface Analysis and Materials Characterization Acquires Additional Investigational, Regulatory and Product Development Capabilities to Better Serve Diversifying Client Base Sunnyvale, California - April 4, 2011 Evans Analytical Group, Inc. (EAG) the leading global provider of surface analysis and materials characterization services, microelectronics release to production and...
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