Honeywell bids $1.5B for Novar
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Manufacturer Honeywell International agreed Monday to a $1.5 billion bid for Britain&#39;s Novar PLC, beefing up its security business and lifting 2005 earnings towards consensus forecasts.
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Honeywell International Inc., the worldâs largest maker of cockpit electronics, will pay â¤798 million for Novar Plc, UK mini-conglomerate that operates a variety of businesses including electronics, aluminium and printing cheque books.
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Stocks to watch on Monday: HONEYWELL INTERNATIONAL INC. :
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IBM has won a long-term contract from Honeywell worth several hundred million dollars, its largest military/aerospace engineering contract since IBM exited the field a decade ago, it said on Monday.
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IBM announced Monday that it has won a 10-year contract from Honeywell International Inc. worth several hundred million dollars. The agreement between IBM&#39;s Engineering &amp; Technology Services unit and Honeywell&#39;s
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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.
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Honeywell, the U.S.  avionics-to-antifreeze conglomerate, will beat its own target  for $1 billion of China sales in 2005 as it expands aerospace  manufacturing there, its country chief said on Thursday.
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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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General Electric Co. GE.N on Monday  said it would buy a fire detection systems business from SPX  Corp. SPW.N for nearly $1.4 billion in cash in a move to  bolster its infrastructure business.
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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 yesterday.
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Melrose, the Aim-listed investment vehicle, was looking increasingly likely to abandon its hostile bid for Novar after Honeywell International trumped it on Monday with a Â£815m cash bid.
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Company's distribution includes 1.5 million shares for Chief Executive John Chambers.
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Building supplies-to-cheque printing group Novar today agreed to be taken over by US giant Honeywell for Â£798 million. The deal sent shares in Novar up more than 14% and is
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Diversified U.S. manufacturer Honeywell  has agreed to buy Novar Plc, a British industrial holding  company, for 798 million pounds ($1.53 billion), a source  familiar with the situation said on Sunday.
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Honeywell International Inc., the world&#39;s largest maker of cockpit electronics, agreed to buy Novar Plc of the UK for 798 million pounds ($1.53 billion) to expand in building products such as security, fire and ventilation systems.
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VEVEY, Switzerland -- Nestle SA, the world's biggest food and drink company, will buy the medical nutrition unit of pharmaceutical company Novartis for $2.5 billion, the companies said Thursday.
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UK fire equipment manufacturer Kidde agrees a Â£1.4bn takeover by US manufacturer United Technologies.