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Emerson Agrees To Purchase Remaining Stake In EGS Electrical Group From SPX Corporation
2013-12-09 07:43:19| chemicalonline News Articles
Emerson (NYSE: EMR) today announced that it has signed an agreement to acquire SPX Corporation’s 44.5 percent minority interest in EGS Electrical Group, giving it 100 percent ownership of the business. Emerson and SPX have jointly held the business since 1997, with Emerson responsible for operational management and consolidation of results in its Industrial Automation segment. The business had annual revenues in 2013 of more than $500 million. “We are excited for EGS to
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FIIs buoyant on Tata group stocks, up stake in 13 cos in Sep qtr
2013-11-18 04:04:00| Steel - Topix.net
Reflecting robust sentiment on Tata Group companies, foreign investors raised their holding in as many as 13 firms, including biggies like TCS, Tata Motors, Tata Steel and Tata Power in the July-September quarter.
DIIs lower stake in Tata group companies, but FIIs bullish
2013-11-15 03:01:05| Steel - Topix.net
A majority of the Tata Group companies saw a rise in foreign institutional investor holdings in September quarter even as domestic institutional investors cut their holdings in nine of the 14 listed Tata firms.
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Tata Steel may sell stake in group cos to Tata Sons
2013-06-25 08:41:39| Steel - Topix.net
The attempt would be to raise Rs 7,200 crore or $1.2 billion, say bankers. Tata Steel owns 5.6 per cent in Tata Motors, worth Rs 5,014 crore at on Monday's close, apart from stake in other Tata Group companies .
Dalian Wanda Group to buy 91.81% stake in British yacht maker Sunseeker
2013-06-20 01:00:00| Ship Technology
China-based Dalian Wanda Group has signed an agreement to acquire a majority stake in British luxury motor yacht manufacturer Sunseeker International for 320m.
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