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Cemtrex (CETX) Enters into Letter of Intent to Acquire Leading Industrial Filtration Solutions Provider

2015-11-03 11:31:08| Industrial Newsroom - All News for Today

FARMINGDALE, N.Y. - Cemtrex Inc.(Nasdaq: CETX), a diversified industrial and manufacturing leader, announced today that it entered into a Letter of Intent on October 28th, 2015, to acquire a leading air filtration solutions provider ("Target") based in the US. The Target is a provider of clean air products and...

Tags: solutions industrial leading letter

 

Pasternack Enters A Private-Label Agreement With Ducommun Incorporated

2015-11-03 05:49:22| rfglobalnet Home Page

Pasternack Enterprises, Inc., a leading provider of RF, microwave and millimeter wave products, has signed an agreement with Ducommun Incorporated (NYSE:DCO), to private-label manufacture select Ducommun RF products under the Pasternack brand.

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Oi enters exclusive talks with L1 on TIM deal

2015-10-31 16:17:00| Telecompaper Headlines

(Telecompaper) Brazilian operator Oi has agreed to enter exclusive talks with L1 Technology on its proposal for a capital injection conditional on agreeing a merger with TIM Brasil. Oi said it made a proposal to L1, a company owned by Russian billionaire Mikhail Fridman, for an exclusivity period of seven months, starting from 23 October. L1 confirmed the talks in a statement, saying discussions were still at a preliminary stage. The two companies will explore proposals "to develop viable structuring and financing options that would enable Oi to participate in any consolidation of the Brazilian telecommunications sector". L1 Technology said it is a long-term investor, and its team has ten years' experience in the telecoms sector in emerging and developed markets. If the transaction is completed, Oi said it expects it will lead to a reduction in leverage and help turn the company into a more robust player, supported by the generation of important synergies and economies of scale. A potential business combination of Oi and TIM would create a more complete and well-positioned telecommunications operator that would be able to compete against global players already operating in Brazil, Oi said. 

Tags: deal exclusive tim talks

 

WisdomTree Enters Commodities ETF Arena

2015-10-31 08:33:27| Steel - Topix.net

WisdomTree Investments, Inc. , the fifth-largest U.S. issuer of exchange-traded funds, entered the commodities corner of the ETF business for the first time Friday, announcing the acquisition of closely held GreenHaven Commodity Services, LLC for $11.75 million in cash. With the acquisition of GreenHaven Commodity Services, New York-based WisdomTree gains two commodities ETFs the GREENHAVEN Continuous Commodity Indx Fnd and the GreenHaven Coal Fund ETV .

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Methods Machine Tools Enters 3D Print Market with Full 3D Systems Line

2015-10-29 11:31:10| Industrial Newsroom - All News for Today

Methods Machine Tools partners with 3DS to expand its manufacturing equipment portfolio to 3D printing 3DS' Direct Metal Printers (DMP) enhance Methods precision machine tool solutions ROCK HILL, S.C. - 3D Systems (NYSE:DDD) announced today it has entered into a partner agreement with Methods Machine Tools...

Tags: full print line tools

 

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