Smiths Group's future is hazy after venture with GE is dissolved
Article Abstract:
US firm General Electric Co. and UK equipment manufacturer Smiths Group PLC have abandoned their plans to create a security-screening technology joint venture after being unable to develop a common vision. The plan was announced when GE bought Smiths Group's aerospace business in January 2007 for $4.8 bil. The joint venture's failure has raised speculation regarding whether or not Smiths Group will split.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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AOL bids for TradeDoubler
Article Abstract:
America Online Inc. of the United States has offered to purchase TradeDoubler AB of Sweden in a deal valued at approximately $900 million. The American internet company is planning on growing into the European online advertising market. Alecta, a major shareholder in TradeDoubler AB rejected the bid offer, which will likely cause America Online Inc. to raise its offer.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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Husqvarna broadens product line with deal for Germany's Gardena
Article Abstract:
Swedish company Husqvarna AB is acquiring German company Gardena AG for $413.6 million. This acquisition will enhance Husqvarna's garden product line to include irrigation products.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
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