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UPDATE 1-Emerson to sell power transmission business to Regal Beloit
2014-12-16 06:05:00| Industrial Machines - Topix.net
Emerson Electric Co said it would sell its power transmission unit to Regal Beloit Corp, a maker of electric motors, for $1.44 billion as it streamlines its business. Regal Beloit was competing with ball bearings maker Timken Co, brake and clutch maker Altra Industrial Motion and private equity firms Warburg Pincus LLC and Onex Corp for the business.
Tags: business
power
sell
update
The Wall Street Journal: Dow Chemical to sell sodium borohydride business, polyolefin films plant
2014-12-05 16:19:40| Chemicals - Topix.net
Dow Chemical Co. agreed to sell its sodium borohydride business and a polyolefin films plant in Ohio for about $225 million in total, part of its plan to shed noncore operations.
Tags: business
street
sell
journal
Rolls-Royce to Sell Turbine & Compressor Business to Siemens
2014-12-02 13:02:05| Industrial Machines - Topix.net
Rolls-Royce confirmed today that it has completed the deal to sell its Energy gas turbine and compressor business to Siemens for a 785 million cash consideration. The deal was originally announced on 6 May this year.
Tags: to
business
sell
siemens
Samsung Electronics to sell fibre optics business to Corning
2014-12-02 10:51:29| Telecom - Topix.net
South Korea's Samsung Electronics Co Ltd said on Tuesday that it will sell its fibre optics business to U.S. glass panel supplier Corning Inc, without disclosing terms of the sale. The sale will include Samsung Electronics' production facilities for the business in China and South Korea, the company's spokeswoman said.
Tags: business
sell
electronics
samsung
Samsung Electronics to sell fiber optics business to Corning
2014-12-02 10:51:28| Telecom - Topix.net
South Korea's Samsung Electronics Co Ltd said on Tuesday that it will sell its fiber optics business to U.S. glass panel supplier Corning Inc, without disclosing terms of the sale. The sale will include Samsung Electronics' production facilities for the business in China and South Korea, the company's spokeswoman said.
Tags: business
sell
electronics
samsung
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