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Apex Tool Group Closes Acquisition of Yecen; Chinese Automotive Repair Equipment Manufacturer Joins Apex's Leading SATA Tools Portfolio

2015-04-03 12:31:09| Industrial Newsroom - All News for Today

SPARKS, Md.  Apex Tool Group, LLC announced it has closed the acquisition of China-based Shanghai Yecen Auto Technology Ltd. (Yecen), a highly strategic automotive sector acquisition in the Asia Pacific region for Apex's SATA Tool (Shanghai) Limited subsidiary. The transaction was effective March 30, 2015 and was...

Tags: group tools equipment automotive

 

Woodside Petroleum closes $US2.8bn purchase of Apache Australia assets

2015-04-02 12:58:46| Energy - Topix.net

Woodside Petroleum has completed the $US2.817 billion acquisition of LNG and oil assets owned by Apache Corporation in Australia, with a second, $US854 million transaction involving the Canadian interests expected to close next week. The $US3.67 billion deal was announced by the two companies in December, involving a total purchase price of $US2.75 billion, plus extra amounts to reimburse the US company for investment made since the effective date of July 1 last year.

Tags: purchase australia assets apache

 
 

Woodside Petroleum closes $US2.8bn purchase of Apache Australia assets

2015-04-02 12:52:06| Oil & Gas - Topix.net

Woodside Petroleum has completed the $US2.817 billion acquisition of LNG and oil assets owned by Apache Corporation in Australia, with a second, $US854 million transaction involving the Canadian interests expected to close next week. The $US3.67 billion deal was announced by the two companies in December, involving a total purchase price of $US2.75 billion, plus extra amounts to reimburse the US company for investment made since the effective date of July 1 last year.

Tags: purchase australia assets apache

 

Par Petroleum closes on $107M purchase of Hawaii's Mid-Pac Petroleum

2015-04-02 11:28:47| Airlines - Topix.net

Par Petroleum has closed on the purchase of Mid-Pac Petroleum, the exclusive licensee of the "76" brand in Hawaii Par Petroleum Corp., which owns Hawaii's largest oil refinery, has completed the $107 million purchase of the parent company of Honolulu-based Mid-Pac Petroleum , including 85 retail outlets and four terminals in the state, the Houston-based company said Wednesday. Mid-Pac Petroleum, formerly owned by Kokooha Investments Inc., is the exclusive licensee of the "76" gasoline brand in Hawaii.

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Worthington Reports 3Q Loss, Closes Engineered Cabs Facility

2015-04-02 08:32:41| Steel - Topix.net

Worthington Industries, Inc., Columbus, Ohio, reported a net loss of $25.7 million on sales of $804.8 million for its fiscal third quarter. The company attributed much of the loss to charges related to the reorganization of its Engineered Cabs business and workforce reductions in its Oil & Gas Equipment business, which reduced earnings by $52.9 million.

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