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GE Sells Its Appliance Business To Electrolux, Narrows Focus On Industry
2014-09-09 23:19:04| Appliances - Topix.net
While I did not predict GE would sell off its appliance division, the move is in line with the strategy I identified then. General Electric is selling its appliance business to Electrolux for $3.3 billion.
Tags: on
business
industry
focus
EDF EN Canada sells 12.5% stake in 300MW Lac-Alfred wind project
2014-09-09 01:00:00| Power Technology
EDF EN Canada has sold its 12.5% interest in the 300MW Lac-Alfred wind project to the MRCs of La Matapédia and La Mitis.
Tags: canada
project
wind
sells
Bemis sells pressure sensitive materials business for $170M
2014-09-08 17:38:00| Canadian Plastics Headlines
In a move designed to fund the growth of its flexible packaging segment, packaging supplier Bemis Co. Inc. is selling off its pressure sensitive materials business to private equity firm Platinum Equity LLC for US$170 million.
Tags: business
materials
pressure
sensitive
General Electric Sells Appliance Business For $3.3 Billion
2014-09-08 17:12:02| Appliances - Topix.net
General Electric announced the sale of its storied appliance to with Sweden's Electrolux , in a $3.3 billion transaction that also includes the sale of GE's 48.4% stake in Mexican appliance company, Mabe. GE had a product development and manufacturing joint venture with the Mexican firm.
Tags: business
general
electric
billion
Denmark's Auriga sells crop unit Cheminova to FMC Corp for $1.8 bln
2014-09-08 14:03:00| Chemicals - Topix.net
Auriga Industries has agreed to sell its crop protection unit Cheminova to U.S.-based chemicals firm FMC Corp for 10.5 billion Danish crowns , the Danish company said on Monday. The price for 100 percent of Cheminova shares corresponds to a cash consideration of about 8.5 billion crowns adjusted for net debt, equalling 333 crowns per Auriga share, the company said.
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