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Private equity duo bid for agrichemicals business Cheminova -sources

2014-09-05 16:57:50| Chemicals - Topix.net

Buyout groups EQT and CVC have made a joint bid to buy crop-protection company Cheminova in a deal that could be worth about 1 billion euros , two sources familiar with the deal told Reuters. The two private equity groups submitted an offer this week before expiry of a deadline set by Cheminova's owner Auriga Industries, the sources said.

Tags: business private sources bid

 

Exclusive: Electrolux near $2.5 billion-plus deal to buy GE unit: sources

2014-09-04 19:20:25| Appliances - Topix.net

Sweden's Electrolux AB is near a deal to buy General Electric Co's iconic appliance business for more than $2.5 billion, in a move that would significantly expand its reach in North America, people familiar with the matter said. The companies are hammering out final terms of a deal and could announce their agreement as soon as next week, the people said on Thursday, asking not to be named because the matter is not public.

Tags: buy unit deal sources

 
 

Exclusive: Electrolux Near $2.5 Billion-plus Deal To Buy GE Unit - Sources

2014-09-04 19:20:24| Appliances - Topix.net

Sweden's Electrolux AB is near a deal to buy General Electric Co's iconic appliance business for more than $2.5 billion, in a move that would significantly expand its reach in North America, people familiar with the matter said. The companies are hammering out final terms of a deal and could announce their agreement as soon as next week, the people said on Thursday, asking not to be named because the matter is not public.

Tags: buy unit deal sources

 

Kuwait Petroleum eyes stake in Indian refinery, offers crude supply: Sources

2014-09-04 16:03:16| Oil & Gas - Topix.net

India imports about 80 pct of its oil needs and plays a growing role as a regional refining hub. Reuters Kuwait Petroleum Corp aims to pick up a significant stake in Indian Oil Corp's Paradip refinery and supply about 60 percent of the oil needs of the plant, set to start up later this year, three sources with knowledge of the matter said.

Tags: offers supply eyes sources

 

GE, IMI, buyout funds line up bids for Italy's Petrolvalves: sources

2014-09-02 21:53:38| Electronics - Topix.net

Industry rival Emerson Electric Co , described by one source as a "motivated" bidder, could also participate in the final round of the auction, launched earlier this year by the Candiani family which wants to sell its majority stake.

Tags: line sources funds bids

 

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