Smiths nears aerospace sale: deal for $4.9 billion with GE would mark shift for U.K. firm
Article Abstract:
In an attempt to scale down, British company Smiths Group PLC is planning to sell its aerospace division to American company General Electric Co. for $4.9 billion. Smiths Aerospace manufacturers aircraft parts which are used in both commercial and military applications.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
ELECTRONIC & OTHER ELECTRIC EQUIPMENT, Parent-to-subsidiary activities, Measuring & controlling devices, not elsewhere classified, Subsidiary-to-parent activities, Measuring and Controlling Devices, Guided Missiles, Space Vehicles, Parts, Instrument industry, Instrument industry (Equipment), United States, Electrical equipment and supplies industry, Electric equipment industry, General Electric Co., GE, Aerospace industry, Smiths Group PLC, Subsidiaries, divisions and units, Smiths Group PLC. Smiths Aerospace
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
User Contributions:
Comment about this article or add new information about this topic:
Will Rio play Pac-Man? Miner consideres use of takeover defense to fend off BHP bid
Article Abstract:
British mining company Rio Tinto PLC is examining the possibility of making a counterbid for Australia's BHP Billiton PLC in an attempt to thwart BHP's $131.57 bil unsolicited takeover bid of Rio. The strategy, known as the Pac-Man defense, is comparatively risky.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
Strategy & planning, Management dynamics, Mining & Extractive Industries, Mining, All Other Metal Ore Mining, METAL MINING, Ferroalloy Ores, Chemical & Fertilizer Minerals, Other Nonmetallic Mineral Mining and Quarrying, Methods, Management, Planning, Acquisitions and mergers, Mining industry, Company business management, Company business planning, Mineral industry, Rio Tinto PLC, BHP Billiton PLC, RIO
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
User Contributions:
Comment about this article or add new information about this topic:
Subjects list: United Kingdom, Mergers, acquisitions and divestments, Company acquisition/merger
Similar abstracts:
- Abstracts: Brambles sells Cleanaway UK for $1.1 billion. Group to buy U.K. water firm AWG. AWG gets sweetened bid from 3i-led consortium
- Abstracts: Local search for the probabilistic traveling salesman problem: correlation to the 2-p-opt and 1-shift algorithms
- Abstracts: Ireland's CRH in talks to acquire Cemex assets: price for operations in Europe and U.S. may hit $4.5 billion. Rinker is to reject Cemex bid: suitor likely needs to raise current offer up from $11.7 billion
- Abstracts: Metro's gain may ease retail fears. Adidas isn't getting traction in North America from Reebok. Metro earnings fall 47% on costs from acquisitions
- Abstracts: Mazda sales zoom ahead in Europe, U.S.: net falls. Auto makers shift to offset effects of soaring euro. German top car makers defy sluggish market
This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.