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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.

Tags: unit corp sells crop

 

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