Mergers & Acquisitions

Mergers & Acquisitions

QXM Receives Proposal from Its Parent Company XING Regarding Purchase of Minority Shareholdings

BEIJING, Sept. 9 - Qiao Xing Mobile Communication Co., Ltd. (NYSE:QXM) ( QXM" or the "Company"), a manufacturer of mobile handsets in the People's Republic of China (the "PRC"), today announced that it has received a proposal from its parent company, Qiao Xing Universal Resources, Inc. (Nasdaq: XING, or "XING"), regarding the acquisition of all outstanding ordinary shares of QXM that XING does...

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Mergers & Acquisitions

Ball Increases Ownership in Brazilian Joint Venture; Pedro Henrique Mariani Joins Ball as Advisory Director

BROOMFIELD, Colo., Sept. 9 - Ball Corporation (NYSE:BLL) announced today that the company has acquired an additional 10.1 percent economic interest in its Brazilian beverage packaging joint venture, Latapack-Ball Embalagens, Ltda. The transaction increases Ball's overall ownership in the joint venture to approximately 60 percent. Latapack-Ball's results will be consolidated and reported in Ball...

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Mergers & Acquisitions

FirstEnergy-Allegheny Energy Merger Application Receives Approval from Virginia Regulators

AKRON, Ohio and GREENSBURG, Pa., Sept. 10 - FirstEnergy Corp. (NYSE:FE) and Allegheny Energy, Inc. (NYSE:AYE) today announced that they have received approval from the Virginia State Corporation Commission (SCC) for their proposed merger. We are pleased to have the support of the SCC and view this as an important step in the completion of our merger," said Anthony J. Alexander, President and...

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Mergers & Acquisitions

Unifrax Announces Completion of Acquisition

Niagara Falls, NY, September 13, 2010 - Unifrax I LLC ( Unifrax"), the Niagara Falls, NY based manufacturer of ceramic fiber insulation products, announced today that its U.K. subsidiary, Unifrax Limited, has completed the previously announced acquisition of Brightcross Manufacturing Ltd. and Brightcross Insulation Ltd.(together "Brightcross"). Brightcross, located in Derby, in the United...

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Mergers & Acquisitions

Irving Place Capital to Acquire Alpha Packaging

New York and St. Louis, Missouri - August 31, 2010 - Irving Place Capital ( IPC"), a middle-market private equity firm, announced today that it has signed a purchase agreement to acquire Alpha Packaging ("Alpha"), a leading blow molder of plastic bottles and jars for the nutraceutical, pharmaceutical and personal care markets. IPC is investing in partnership with Alpha's current management team,...

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Mergers & Acquisitions

Pennex Aluminum Company to Acquire GEI of Columbiana, Inc.'s Leetonia, OH Facility

WELLSVILLE, Pa., Sept. 10 -- Pennex Aluminum Company and General Extrusions, Inc. announce that they have jointly entered into an asset purchase agreement for Pennex to acquire the Leetonia, OH extrusion facility from GEI of Columbiana, Inc. The agreement includes the facility and all related assets necessary to serve the facility's customer base. Finalizing the agreement is predicated on...

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Mergers & Acquisitions

Boeing Completes Acquisition of Narus

ST. LOUIS, July 29 - Boeing (NYSE:BA) today announced it has completed its acquisition of Narus, a leading provider of real-time network traffic and analytics software used to protect against cyber attacks and persistent threats aimed at large Internet Protocol networks. Narus, headquartered in Sunnyvale, Calif., will operate within Boeing's Network & Space Systems business as a wholly owned...

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Mergers & Acquisitions

TransDigm Completes Acquisition of Semco Instruments Inc.

CLEVELAND, Sept. 3 -- TransDigm Group Incorporated (NYSE:TDG), a leading global designer, producer and supplier of highly engineered aircraft components, today announced that it has completed the acquisition of Semco Instruments Inc. (Semco) for approximately $74 million in cash that was previously announced on August 6, 2010. Semco, which is based in Valencia, CA, manufactures proprietary,...

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Mergers & Acquisitions

Crown Holdings, Inc. Announces Agreement to Acquire Partner's Interest in Chinese and Vietnamese Joint Ventures

PHILADELPHIA, Sept. 7 - Crown Holdings, Inc. (the Company") (NYSE:CCK) today announced that it has entered into agreements to acquire, from affiliates of Swire Pacific Limited, their 44.57% interest in the holding company for Crown's four joint venture facilities in China and their 49% interest in the holding company for Crown's joint venture facility in Hanoi, Vietnam for an aggregate purchase...

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Mergers & Acquisitions

ESCO Announces Acquisition of Smart Grid Solution Provider

ST. LOUIS, Sept. 7 - ESCO Technologies Inc. (NYSE: ESE) today announced that it has acquired Xtensible Solutions, Inc. ( Xtensible"), located in Greenwood Village, Colorado. Xtensible is the thought leader in Enterprise Information Management Strategy, and is a leading provider of semantic-based information management and integration solutions to the utility industry worldwide. Such strategy and...

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