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Bidding war for GE; corporations call the shots

2015-12-13 17:35:47| Industrial Machines - Topix.net

For the past six months, GE has played fawning states against each other over which can offer the sweetest tax breaks and assurances of fiscal stability. The bidding war for the conglomerate is now expected to come down to Connecticut, New York and Massachusetts.

Tags: the call war shots

Computer Sciences Corp Wins Bidding War for Xchanging for $721 Million

2015-12-09 11:36:07| IT Services - Topix.net

Technology consulting company Computer Sciences Corp will buy Xchanging Plc for about A 480 million , the companies said, beating out other suitors in a bidding war for the insurance-focused outsourcing company . The cash offer of 190 pence [$2.86] per share represents a premium of about 72 percent to Xchanging's closing price on Oct. 2, the day before the offer period commenced.

Tags: computer war million sciences

Make in India, Defence: Tatas bidding for FICV project to bring group companies together

2015-12-07 05:34:33| Automakers - Topix.net

Tata group is banking on winning the Rs 60,000-crore project to design and build a Fighting Infantry Combat Vehicle under Make in India in Defence to bring more than a dozen group companies together. Tata Motors is one of the ten contenders - L&T, Tata Power , Tata Motors, Mahindra & Mahindra, Bharat Forge, Pipavav Defence, Rolta India, Punj Lloyd, Titagarh Wagons, and the Ordnance Factory Board - for the FICV programme, who have been issued an expression of interest by the defence ministry.

Tags: make group project together

Cellnex, F2i Said Close to Bidding for Telecom Italia Unit

2015-11-25 19:15:29| Telecom - Topix.net

Cellnex Telecom SAU is nearing a bid with infrastructure fund F2i SGR SpA for a stake in Telecom Italia SpA's wireless-tower unit to expand its holdings in the country, according to people familiar with the matter. The two companies are preparing an offer together as early as the second week of December to purchase a stake of about 40 percent in Milan-based Inwit SpA, said the people, who asked not to be named because the project is private.

Tags: close unit italia telecom