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Emerson Agrees To Purchase Remaining Stake In EGS Electrical Group From SPX Corporation
2013-12-09 07:43:19| chemicalonline News Articles
Emerson (NYSE: EMR) today announced that it has signed an agreement to acquire SPX Corporation’s 44.5 percent minority interest in EGS Electrical Group, giving it 100 percent ownership of the business. Emerson and SPX have jointly held the business since 1997, with Emerson responsible for operational management and consolidation of results in its Industrial Automation segment. The business had annual revenues in 2013 of more than $500 million. “We are excited for EGS to
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InterOil to sell stake in Elk-Antelope gas fields, Papua New Guinea
2013-12-09 01:00:00| Hydrocarbons Technology
InterOil has signed an agreement with Total to sell its 61.3% stake in petroleum retention license 15 (PRL 15) that includes the Elk-Antelope gas fields in the Gulf province of Papua New Guinea.
Nestlé to divest stake in Swiss ingredients firm Givaudan
2013-12-09 01:00:00| Food Processing Technology
Nestlé is set to divest its 10% stake in Swiss manufacturer of flavourings and fragrances Givaudan in a deal valued at more than $1bn, as it seeks to streamline its portfolio.
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CHINA: Carlsberg takes majority stake in Chongqing Brewery
2013-12-06 16:19:00| Daily beverage news and comment - from just-drinks.com
Carlsberg has paid US$476m to double its stake in Chongqing Brewery.
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Stone House Capital Raises USA Truck Stake to 1.5M Shares
2013-12-06 09:17:36| Trucking - Topix.net
USA Truck stock has been on the rise since September, when Knight Transportation of Phoenix disclosed its offer to buy USA Truck for $9 per share.
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