SPX Selling Bomag to French Company
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SPX Corp., a maker of industrial and electronic products, said Friday that it is selling its Bomag construction vehicle business to France&#39;s Fayat Group for $446 million in cash.
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The French government asked two banks, France&#39;s Societe Generale SA and the Netherlands&#39; ABN Amro Holding NV, to handle the sale of the Air France-KLM stake involving some 48 million shares, according to a Finance Ministry spokesperson.
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STOCKHOLM, Sweden -- Swedish engineering company Atlas Copco Group is selling its electric tool business which includes Milwaukee Electric Tool in the United States to Hong Kong-based Techtronic Industries Co.
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The French government will sell a 9.6% stake in France TÃ©lÃ©com, taking its holding below 50%, announced the Ministry of the Economy, Finance and Industry.
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OTTAWA (CP) - Canadian business software maker Cognos Inc. is bidding to take over Frango AB, a Swedish specialist in financial reporting technology, for the equivalent of about $67.
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British energy group BP said on Friday that it had agreed to sell its stakes in a Siberian gas field and company to Russian gas giant Gazprom for up to 900 million dollars (669 million euros).
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German chemicals and pharmaceuticals giant Bayer said that it has agreed to sell its metals subsidiary HC Starck to private equity firms Advent and Carlyle for about 1.2 billion euros (1.6 billion dollars) in total.
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France will sell up to 12.1 percent of France Telecom in Europe's largest share placement in four years, bringing as much as $6.95 billion into state coffers.
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General Electric Co. (GE.N: Quote, Profile, Research) on Monday said it would buy a fire detection systems business from SPX Corp.
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Six months after buying a controlling interest in Cafritz Co., Bruce R. Baschuk said yesterday that he sold his holdings in the developer to an undisclosed buyer.
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WIZARD founder Mark Bouris has ended months of speculation by selling his home loans business to US conglomerate General Electric.
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Reporting by Caroline Jacobs and Mark McSherry PARIS/NEW   YORK  - French oilfield services group Compagnie   Generale de Geophysique is to buy Texas-based Veritas DGC Inc.   in a $3.1 billion deal to merge their seismic businesses, the   companies said on Tuesday.
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By Kyodo News International, Tokyo  May 24--TOKYO -- Information services firm Recruit Co. said Thursday it  will set up a joint venture with French broadcaster Television France 1 and  Paris-based investment firm Artemis Group to publish a free magazine in  France.
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KB Home can sell its French homebuilding division Kaufman &amp; Broad to private equity fund PAI Partners, European Union regulators ruled Friday.
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Rosoboronexport acquistera la Altis Semiconductor
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Business & money: French president will confirm today the â¬90bn (Â£61bn) merger between energy groups Suez and Gaz de France.
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The French Group Alstom will sign contracts worth up to 1 billion Euros (1.23 billion dollars) in China for the delivery of trains and locomotives, French sources with knowledge of the deal revealed to AFP.