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Italy's Exor wins battle to buy PartnerRe for $6.9-billion
2015-08-03 15:45:16| Automakers - Topix.net
Investment group Exor, which controls car maker Fiat Chrysler, said on Monday it had signed a deal to buy PartnerRe for $6.9-billion , ending a prolonged battle for the reinsurer against a rival bid from Axis Capital. Exor, the investment vehicle of Italy's Agnelli family, wants to branch out into financial services with its steadier and higher returns and limit its exposure to the more capital-intensive and cyclical automotive sector.
Tags: buy
battle
wins
wins battle
Alstom consortium wins Constantine tram extension contract
2015-08-03 01:00:00| Railway Technology
A consortium of Alstom, Corsan, Corviam and Cosider has secured a contract from Algerias public transport operator Entreprise Metro dAlger (EMA) to extend the Constantine area Tramway.
Tags: contract
extension
wins
consortium
Alstom wins contract for 2.1GW thermal power plant in China
2015-08-03 01:00:00| Power Technology
French technology major Alstom has won a contract to supply transformers for 2.1GW Ezhou power plant in China.
Tags: power
china
contract
plant
Vix Technology wins Malaysian transit ticketing system contract
2015-08-03 01:00:00| Railway Technology
Australian technology solutions provider Vix Technology has secured a A$27m ($19.6m) contract from the Malaysian Government's public transport regulator to unify the country's mass transit system under one ticketing and payment system.
Tags: system
technology
contract
wins
Polymet Corporation Wins Prestigious Innovation and Technology Award
2015-07-31 12:31:07| Industrial Newsroom - All News for Today
CINCINNATI, OH - Polymet Corporation is a world class manufacturer of wire used for hardfacing, welding, and thermal spraying. But they ask you dont simply view them as a manufacturer. Polymet is a powerhouse of innovation. Since its inception, the company has been dedicated to growing an organization whose...
Tags: technology
corporation
award
innovation
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