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Swedish ABB to buy US green power firm
2013-04-22 12:16:24| Electronics - Topix.net
The engineering giant ABB announced it would purchase US green energy company Power One for the staggering sum of $1 billion in a bid to make the Swiss-Swedish company "a global player" in solar inverters.
Kenya: Nzioa Sugar Firm Pays Farmers Sh1 Billion Arrears
2013-04-22 08:25:13| Sugar Industry News
Nzoia Sugar Company has paid Sh1.04 billion arrears owed to farmers for sugarcane delivered between July 2012 and February.
ABB to buy solar power firm Power-One for $1 billion
2013-04-22 07:44:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: Swiss industrial group ABB (ABBN.VX) is to buy solar energy firm Power-One Inc (PWER.O) for about $1 billion, betting growth in emerging markets will revive a sector ravaged by overcapacity and plunging demand in recession-hit Europe. The world's biggest supplier of industrial motors and power grids said on Monday it had agreed to pay $6.35 per share in cash for Power-One, the world's second-largest maker of solar inverters that allow solar power to be fed into grids. That is 57 percent above...
Energy firm bosses paid themselves more than A 5m in bonuses - A 400k ...
2013-04-21 12:18:05| Energy - Topix.net
Energy firm bosses paid themselves more than A 5m in bonuses - A 400k more than compensation fund set up for customers they ripped off LABOUR have called for the fatcats' cash to be paid back to the firm where it should be used to cut bills.
London taxi firm sold for 300m
2013-04-20 13:35:39| BBC News | Business | UK Edition
London taxi firm Addison Lee, which started with one car in 1975, is sold to the Carlyle Group for 300m.
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