Honeywell offers $1.7 billion for Britain&#39;s Novar
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LONDON - New Jersey-based Honeywell International Inc., the aerospace and high-tech manufacturer, has agreed to buy the British industrial holding company Novar PLC for about $1.7 billion, the companies said Monday.
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IBM said Monday it had sealed a 1.4 billion dollar, seven-year, global IT outsourcing deal with Britain&#39;s AstraZeneca, a major pharmaceutical group.
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Swiss pharmaceuticals group Novartis  has concluded a $500 million, 7-year global infrastructure contract with British telecoms group BT , a Novartis spokesman said on Sunday.
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Honeywell International Inc. is interested in buying British industrial holding company Novar PLC for &#36;1.5 billion, two newspapers reported on their Web sites Sunday.
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Honeywell International Inc., the world&#39;s largest supplier of building controls, agreed to buy Novar Plc for 798 million pounds ($1.53 billion) to expand its security, fire and ventilation-systems business in Europe.
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U.S. manufacturer Honeywell International Inc.  on Monday bid &#36;1.5 billion in cash for Britain's Novar Plc  in an effort to bolster its security business and raise 2005 earnings, which are forecast to be at the low end of analysts' estimates.
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The ten-year deal is a major win for IBM&#39;s young Engineering &amp; Technical Services unit. By Paul McDougall. Aerospace giant Honeywell International Inc.
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An agreement has been reached to lend 1.7 million barrels of oil from the government&#39;s Strategic Petroleum Reserve to two companies whose refineries were running short of crude
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Diversified manufacturer Honeywell International Inc  said on Wednesday it signed a contract to provide major mechanical systems for Airbus's new long-range, wide-body A350 aircraft, and expects to generate more than $16 billion in revenue over the projected 20- to 25-year life of the program.
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The hedge fund Fortress Investment Group is said to be considering an initial public offering that could value the company from $5 billion to $7 billion.
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Suitors once offered $7 billion for Gateway, but after a decade of missteps and bad luck, the company is snapped up for a modest $710 million.
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Lazard, the world&#39;s largest independent investment bank, has appointed Goldman Sachs to advise on a possible Â£1.7bn initial public offering, or potential spin-off of its asset management or UK broking arms, it has been reported.
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U.S. manufacturer Honeywell  International agreed a $1.5 billion trump bid for Britain's  Novar Plc on Monday to beef up its security business and lift  2005 earnings from the low end of forecasts.
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Tyco International Ltd.&#39;s fire and security unit on Wednesday said it signed a $70 million contract with the British Ministry of Defense to supply respiratory protection equipment.
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Great Plains Energy has agreed to buy the crosstown utility operator Aquila for about $1.7 billion.
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Shareholders in Australian equipment  hire firm Coates Hire Ltd  voted on Monday to approve a  A$1.7 billion ($1.5 billion) private equity-backed offer from  rival National Hire Group Ltd .
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Royal Philips Electronics NV said Friday it will bid around $5.1 billion for Respironics Inc., a maker of medical devices that assist or monitor breathing.