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CECO Environmental to Acquire PMFG

2015-05-08 12:31:07| Industrial Newsroom - All News for Today

PMFG Stockholders to Receive $6.85 in Cash and CECO Stock Creates a Global Leader in Environmental, Energy and Fluid Handling Technologies $15 million in cost synergies expected to be realized within 24 months CINCINNATI and DALLAS  CECO Environmental Corp. ("CECO") (NasdaqGM: CECE) and PMFG, Inc. ("PMFG...

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KapStone to Acquire Victory Packaging

2015-05-08 12:31:07| Industrial Newsroom - All News for Today

Provides for Unique System Optimization and Growth KapStone Investor Conference Call at 11:30 A.M. ET, May 5 NORTHBROOK, Ill.  KapStone Paper and Packaging Corporation (NYSE: KS) ("KapStone") and Victory Packaging/Golden State Container ("Victory") jointly announced today that they have signed an agreement for...

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Alibaba in talks to acquire 20% stake in Micromax - report

2015-05-08 12:29:00| Telecompaper Headlines

(Telecompaper) Alibaba is in talks with Indian smartphone maker Micromax Informatics to acquire a stake of approximately 20 percent in the company, Reuters reports, citing several unnamed people with direct knowledge of the matter. The deal would see Alibaba investing over USD 1.2 billion in Micromax, valuing the Indian company at up to USD 6 billion, two of the people said. Micromax and Alibaba started negotiations on the stake sale after discussions with investors led by Japanese company Softbank failed over differences in valuations, the sources said.

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KapStone to acquire Victory Packaging for $615m

2015-05-07 20:12:02| Industrial Machines - Topix.net

KapStone Paper and Packaging Corporation has signed an agreement to acquire Victory Packaging/Golden State Container for $615m, expected to close in the second quarter of 2015. The structure of the transaction will enable KapStone to realize a tax benefit that has an estimated net present value of approximately $100m.

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Cisco to Acquire API Specialist Tropo

2015-05-07 20:02:44| Appliances - Topix.net

In a bid to increase its focus on real-time communications, Cisco plans to acquire application programming interface vendor Tropo. Tropo specializes in real-time voice, video and messaging APIs that help telcos monetize their network assets through third-party app development.

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