Dana Corporation Closes Sale of European Fluid Products Hose and Tubing Operations to Orhan Holding, A.S.
Sale of North American Operations Expected to Close Later in Quarter TOLEDO, Ohio, July 5 -- Dana Corporation (BULLETIN BOARD: DCNAQ) has closed the previously announced sale of its European fluid products hose and tubing operations to Orhan Holding, A.S., receiving cash proceeds of $66.9 million, and expects to receive $18.1 million of cash proceeds upon closing the sale of the remainder of the...
Read More »Syngenta Reinforces Vegetable Seeds with Zeraim Gedera Acquisition
BASEL, Switzerland, July 9 / -- Syngenta announced today that it has agreed to acquire Zeraim Gedera Ltd., a high quality Israeli vegetable seeds company focusing on high-value crops, including tomato, pepper and melon. Syngenta will buy all outstanding shares in the company from Markstone Capital Partners, an Israeli private equity group, for a consideration of $95 million, subject to closing...
Read More »Graphic Packaging Corporation and Altivity Packaging, LLC Announce Merger
MARIETTA, Ga., and CHICAGO, July 10 /PRNewswire-FirstCall/ -- Transaction Highlights o The transaction will bring together two of the most innovative, value- added paperboard packaging companies to create an estimated $4.4 billion (combined revenue) participant in the global packaging market. The new company will be called Graphic Packaging Holding Company and will trade under the NYSE ticker...
Read More »WellPoint to Acquire American Imaging Management
Acquisition of Leading Radiology Management Company Advances WellPoint's Initiatives in Cost Management, Transparency and Quality INDIANAPOLIS and DEERFIELD, Ill., July 9 -- WellPoint, Inc. (NYSE:WLP), the nation's leading health benefits provider, announced today that it has entered into an agreement to acquire American Imaging Management (AIM), a leading radiology benefit management and...
Read More »Huntsman Receives Merger Proposal from Hexion for $27.25 Per Share in Cash
THE WOODLANDS, Texas and SALT LAKE CITY, July 3 -- Huntsman Corporation (NYSE:HUN) announced today that it has received from Hexion Specialty Chemicals, Inc. ( Hexion ), an entity owned by an affiliate of Apollo Management, L.P., a proposal (the Hexion Proposal ) to acquire all of the outstanding common stock of Huntsman for $27.25 per share in cash. The Hexion Proposal is subject to termination...
Read More »Equinix to Acquire European Network-Neutral Data Center Operator IXEurope in $482 Million Deal
Equinix Continues Expansion Efforts to Further Strengthen Position as Leader in Colocation and Network Exchange Services Market, and to Provide Customers with Comprehensive Global Solution TOKYO, July 10 -- Equinix, Inc. (NASDAQ:EQIX), the leading provider of network-neutral data centers and Internet exchange services, announced today its firm intention to make an offer for the entire issued...
Read More »Exar Corporation and Sipex Corporation Announce Early Termination of Hart Scott Rodino Act Waiting Period
FREMONT, Calif., July 5 -- Exar Corporation (NASDAQ:EXAR) and Sipex Corporation (NASDAQ:SIPX) announced that they received notification from the Federal Trade Commission of early termination of the waiting period under the Hart Scott Rodino Antitrust Improvements Act notification of 1976 (HSR), as amended, relating to the companies' proposed merger. Additionally, an affiliate of Future...
Read More »ICE Closes Acquisition of ChemConnect's Commodity Trading Business
ATLANTA, July 9 -- IntercontinentalExchange, Inc. (NYSE:ICE), the leading electronic energy marketplace and soft commodity exchange, announced that it closed today on its acquisition of ChemConnect, Inc.'s commodity trading business. ChemConnect is the leading electronic marketplace for the natural gas liquids (NGLs) and chemicals markets, which have a notional value of approximately $150...
Read More »Imation Announces Close on Acquisition of Memcorp Assets
OAKDALE, Minn., July 10 -- Imation Corp. (NYSE:IMN), a worldwide leader in removable data storage, today announced it has completed the previously announced acquisition of the assets of Memcorp, Inc. and Memcorp Asia Limited (together known as Memcorp ) from privately held Hopper Radio of Florida, Inc. The purchase price was $27.3 million in cash and $37.5 million in three-year notes, plus a...
Read More »Maxymiser Hits the Acquisition Trail to Create Services Division
London 07 July 2007, Maxymiser, Europe's leading web site optimisation, multivariate testing and behavioural targeting provider, has stepped up its offensive on the expanding onsite testing market by adding a services division to its portfolio. The acquisition of off-shore web and mobile development company IDE Digital puts Maxymiser in control of its development resource and expands the range of...
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