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Mitsubishi Electric Enters Into Agreement To Acquire Majority Interest In DeLclima

2015-08-31 08:32:37| pollutiononline Home Page

Recently, Mitsubishi Electric Corporation (TOKYO:6503) (“Mitsubishi Electric”) has entered into an agreement to purchase from De’Longhi Industrial S.A. (“De’Longhi Industrial”) shares representing approximately 74.97% of the share capital of DeLclima S.p.A. (BIT: DLC) (“DeLclima”), an Italian company engaged in the commercial air conditioning products business

Tags: interest agreement majority electric

 

Mitsubishi acquires 20 per cent stake in Olam International

2015-08-28 12:52:00| Food - Topix.net

SINGAPORE: Japan's Mitsubishi Corp will acquire a 20 per cent stake in Singapore-listed Olam International in two separate deals worth a total of S$1.53 billion. In a statement on Friday , Olam said it will issue 332.7 million shares to Mitsubishi at S$2.75 apiece, or about 12 per cent of the company's enlarged share capital.

Tags: international cent mitsubishi stake

 
 

Mitsubishi Corp to buy at least 10 percent of Temasek-controlled Olam: sources

2015-08-27 19:42:32| Grocery - Topix.net

Reuters earlier reported that the Singapore-based firm was set to announce a strategic partnership with a Japanese peer, after Olam, majority-controlled by state investor Temasek Holdings [TEM.UL], halted trading of its stock on Thursday. One of the sources said Mitsubishi had done extensive due diligence and had also looked at other strategic investments before choosing Olam.

Tags: buy sources percent corp

 

Mitsubishi Heavy Industries and Suhail Bahwan to support Altaeros Energies business expansion

2015-08-27 01:00:00| Power Technology

Mitsubishi Heavy Industries and Oman's Suhail Bahwan Group have jointly invested in US-based technology firm Altaeros Energies to support the design and production of its Buoyant Airborne Turbine (BAT) renewable energy and communication platform.

Tags: business support heavy industries

 

Mitsubishi UFJ Financial Group Stock Rating Upgraded by Zacks

2015-08-23 04:39:30| Grocery - Topix.net

According to Zacks, "Mitsubishi UFJ's reported net income for fiscal first quarter increased year over year. Organic growth was reflected in the upswing in revenues, deposits and loans.

Tags: group rating stock financial

 

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