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Columbus McKinnon buys German co. for $30M
2015-01-05 17:05:31| Industrial Machines - Topix.net
The roughly $30 million acquisition includes the equity of Stahlhammer Bommern GmbH for $24.6 million in cash and assumption of about $6.6 million in debt. The deal also includes a potential $3.7 million earn-out, subject to growth targets through 2015.
Tags: german
columbus
buys
30m
Tele Columbus to raise EUR 300 mln in IPO in H1
2015-01-02 12:11:00| Telecompaper Headlines
(Telecompaper) Germany's third largest cable operator, Tele Columbus, expects to launch an initial public offering (IPO) in the first half of 2015, according to news agency dpa-AFX. The company said it plans to raise approximately EUR 300 million, chiefly to reduce its debt in order to enable investments in growth. There will also be a greenshoe option. Tele Columbus has approximately 1.7 million households connected to its network.
M&A volume drops in Columbus region, plus Top 10 deals
2014-12-30 02:59:41| Real Estate - Topix.net
Fewer Columbus-area companies were involved in mergers and acquisitions in 2014 and collective deal value fell below $2 billion for the first time in at least eight years, but two huge pending transactions have 2015 set up for a bounce back. There were 111 completed deals in which at least one company was located in Central Ohio, down 8 percent from 120 a year earlier and the lowest tally since 103 were made in 2011, according to data provided exclusively for Columbus Business First by Innovation Forward LLC. View the slideshow for a countdown of the largest deals with publicly available terms involving Central Ohio companies in 2014.
Columbus McKinnon Corp. Lifted to "Outperform" at Zacks
2014-12-26 09:25:25| Industrial Machines - Topix.net
The firm currently has a $30.40 price objective on the stock. Zacks 's target price indicates a potential upside of 9.20% from the company's current price.
Tags: corp
columbus
lifted
outperform
Cincinnati bank doubles its operations in Columbus
2014-12-10 00:14:28| Steel - Topix.net
First Financial Bank more than doubled its presence in Ohio when it re-branded three newly acquired branches on Monday. Cincinnati's second-biggest locally based bank opened three bank branches in Columbus suburbs Monday, expanding its operation there from two branches to five.
Tags: bank
operations
columbus
cincinnati
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