Atlas Copco to sell electric tool business
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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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Compressor and machinery maker Atlas Copco  said it had agreed to sell most of its U.S. equipment rental business for $3.8 billion to Ripplewood Holdings and Oak Hill Capital Management.
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EMC said it has purchased backup software vendor Dantz Development Corp. for less than $50 million in a deal that it hopes will put it in a better position to sell data backup technology in the small-to-medium-size-business market.
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Williams Cos. Inc. (WMB.N: Quote, Profile, Research) has scrapped efforts to sell its power business as the depressed wholesale market has damaged prospects for selling the unit, the natural gas company said on Thursday.
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The Dutch navigation systems company said it plans to make a cash offer of 21.25 euro per share for digital map supplier Tele Atlas, valuing the company at 2 billion euros ($2.76 billion).
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B&Q's owner is to sell its DIY stores in Taiwan to focus on its fast-growing business in China.
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com. The sale of US-built telecom infrastructure to foreign firms at fire-sale prices continues. Tyco International says it is selling its Tyco Global Network to India&#39;s Tata Group.
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Exelon, which owns utility companies in Illinois and Pennsylvania, has said that it will buy Public Service Enterprise Group of New Jersey in a deal valued at about $12.8 billion that would create the largest power company in the United States.
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Amcast Industrial Corp. has sold its Automotive Components Group, including its operations in Cedarburg, to Park-Ohio Holdings Corp.
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Electrical construction distributor Wesco International Inc. on Friday said it priced an offering of 10 million common shares at $26.25 each.
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Pinault-Printemps-Redoute, the tempest-tossed owner of fashion brands like Gucci and Yves Saint Laurent, said on Tuesday that it planned to sell its stake in the equipment
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The publisher of the St. Louis Post-Dispatch has agreed to sell to Lee Enterprises.
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By Matt Garfield, The Herald, Rock Hill, S.C.  Feb. 2--One of York County's most prominent companies is about to get a new competitor.
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Compressor and machinery maker Atlas Copco  said on Friday it had agreed to sell most of its U.S. equipment rental business to Ripplewood Holdings and Oak Hill Capital Management in a deal worth $3.8 billion.
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LONDON National Grid Transco, the owner of Britain&#39;s power and natural gas grids, said on Tuesday that it would sell half of its gas-distribution networks for Â£5.
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Xcel Energy Inc.  plans to sell its broadband communications unit in a bid to focus solely on its core utility operations, the U.S. power producer said on Monday.
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The Dutch navigation systems company said it plans to make a cash offer of 21.25 euros per share for digital map supplier Tele Atlas, valuing the company at 2 billion euros ($2.76 billion).