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Tag: merger
Honeywell, United Technologies held merger talks - CNBC
2016-02-22 20:16:12| Industrial Machines - Topix.net
Honeywell International Inc and United Technologies Corp have held talks about a merger, CNBC reported on Monday, citing people familiar with the situation. United Tech's shares were up 8 percent at $94.82 in afternoon trading, while Honeywell's were up 1.7 percent at $109.
Tags: united
held
technologies
talks
Canadian Pacific CEO hopes railroad merger will happen
2016-02-18 02:58:54| Railroads - Topix.net
In this Thursday, May 14, 2015, file photo, Canadian Pacific Railway CEO Hunter Harrison speaks at the company's annual meeting in Calgary, Alberta. Canadian Pacific plans to ask federal regulators for preliminary approval of the structure of its proposed takeover of Norfolk Southern railroad.
Tags: pacific
happen
canadian
ceo
Vaio close to PC merger deal with Toshiba, Fujitsu
2016-02-16 08:54:00| Telecompaper Headlines
(Telecompaper) Vaio, a PC manufacturer spun off from Sony in 2014, is hoping to close a merger deal with the PC divisions of Toshiba and Fujitsu by the end of March, Bloomberg reported, citing a statement from Kidemi Moue, the CEO of Sony's Japan Industrial Partners. Vaio expects to own the biggest stake in the merged company, which could help the trio save on research and development and scale production, Moue said.
Tags: close
deal
toshiba
fujitsu
Vodafone, Liberty Global agree merger of Dutch activities
2016-02-16 08:11:00| Telecompaper Headlines
(Telecompaper) Vodafone and Liberty Global have reached an agreement on a 50-50 joint venture in the Netherlands. Vodafone will pay Liberty Global EUR 1 billion cash as part of the deal and contribute its Dutch mobile operator on a debt- and cash-free basis to the venture, alongside Liberty's cable operator Ziggo. Pending regulatory approval, the companies expect to close the deal by the end of 2016. The merger is expected to lead to synergies of EUR 3.5 billion, including EUR 280 million in annual cost savings from the fifth year of the merger. The joint venture will target a leverage of 4.5-5.0 times EBITDA, based on Ziggo's current EUR 7.3 billion in debt. The merger will create a completely integrated fixed and mobile player, competing alongside Dutch incumbent KPN.
Tags: global
activities
agree
dutch
Netherlands merger with Liberty Global costs Vodafone 1bn
2016-02-16 01:00:00| Total Telecom industry news
50:50 joint venture deal to close at end-2016, will use both Vodafone and Ziggo brands.
Tags: global
costs
netherlands
liberty
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