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AMETEK Announces Two Acquisitions
2016-02-10 11:31:06| Industrial Newsroom - All News for Today
Brookfield Engineering Broadens AMETEK's Laboratory Instrumentation Platform ESP/SurgeX Expands AMETEK's Power Protection Platform BERWYN, Pa. AMETEK, Inc. (NYSE: AME) today announced that it has completed two acquisitions: Brookfield Engineering Laboratories, the world's leading manufacturer of viscometers...
Tags: announces
acquisitions
ametek
Telekom Austria Q4 revenues up 4.5% after acquisitions
2016-02-09 20:58:00| Telecompaper Headlines
(Telecompaper) Telekom Austria Group reported an increase in fourth-quarter results, helped by its expansion in fixed-line markets in eastern Europe. Revenues rose 4.5 percent year-on-year to EUR 1.076 billion, thanks to the takeovers of Amis in Slovenia and Croatia, One in Macedonia and Blizoo in Bulgaria. The company also benefited from EUR 10 million from a settlement of claims with Telekom Slovenije. Adjusted EBITDA was up 27.3 percent to EUR 320.8 million, helped by a reversal of provisions and lower restructuring charges in Austria. Excluding the one-time items and forex effects, EBITDA was up 7.7 percent, the company said. The net result moved to a profit of EUR 84.3 million compared to a loss of EUR 48.9 million in Q4 2014. Over the full year, Telekom Austria met its outlook for flat revenues, with an increase of just 0.2 percent to EUR 4.027 billion. Growth in Austria and the acquisitions were offset by negative currency effects, particularly in Belarus, as well as the weaker economic climate in east Europe. Telekom Austria said it expects similar market conditions in 2016. Excluding currency effects, it aims to grow revenues around 1 percent, while maintaining the dividend at 5 cents a share.
Tags: austria
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telekom
acquisitions
Deals of the day-Mergers and acquisitions
2016-02-03 18:04:32| Chemicals - Topix.net
** Yahoo Inc said on Tuesday it would consider "strategic alternatives" for its core Internet business and cut about 15 percent of its workforce, even as it continues with its plan to revamp the business and spin it off. ** U.S. home improvement retailer Lowe's Cos Inc agreed to buy Canada's Rona Inc in a deal valued at C$3.2 billion , winning over Rona's board with a far higher offer than an unsolicited bid more than three years ago that was also opposed by politicians in Quebec.
Tags: deals
acquisitions
Hub Group Hires Acquisitions Expert
2016-02-01 22:56:30| Logistics - Topix.net
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expert
hub
acquisitions
Deals of the day- Mergers and acquisitions
2016-01-27 19:31:12| Automakers - Topix.net
** Toyota Motor Corp said it was considering buying out the rest of minivehicle maker Daihatsu Motor Co, a $3.1 billion deal at current market prices, but denied a report that it was in partnership talks with Daihatsu rival Suzuki Motor Corp. ** Norway's $800 billion sovereign wealth fund, the world's largest, has accepted Vonovia's hostile takeover bid for rival Deutsche Wohnen, it said on Wednesday. ** Global miner Rio Tinto Plc has agreed to sell one of its remaining coal mines in Australia to a group owned by Indonesia's third-richest man, Anthoni Salim, continuing an exit from coal as it battles a sharp slump in prices.
Tags: day
deals
acquisitions
mergers
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