Ford nears sale of Aston Martin
Article Abstract:
Ford Motor Co. of the United States is planning to divest its Aston Martin unit due to financial challenges in the North American market. The automobile giant is rumored to be in talks with automobile-racing entrepreneur David Richards. A deal values the brand at approximately 450 million Pounds ($870 million).
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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GE to buy part of Hydril unit from Tenaris
Article Abstract:
General Electric Co. has bought Hydril's pressure control equipment business from Luxembourg-based steel tube manufacturer Tenaris S.A. for $1.12 bil. The deal will enable GE to increase its presence in the deep-sea petroleum drilling equipment sector.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2008
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