Novar board backs Honeywell all-cash offer
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LONDON (CBS.MW) -- The board of UK-based Novar Plc (UK:NVR) recommended its shareholders Monday to accept an all-cash offer from Honeywell International Inc (HON) .
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Honeywell International Inc. of the United States is offering 1.2 billion pounds (US$2.4 billion; euro1.7 billion) to buy Novar PLC, the two companies said Monday.
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With $3.9 million in new capital, First National Bank of Ipswich is pushing farther into New Hampshire and may add an investment arm to the $330 million-asset community bank. And with a new ticker symbol of FIWC, First National is now publicly traded on the Over the Counter Bulletin Board.
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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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Diversified manufacturer Honeywell  International Inc. HON.N posted a rise in quarterly profit as  strong demand for aerospace equipment and automobile components  boosted revenues, the company said on Wednesday.
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US manufacturer Honeywell International Inc. (HON.N: Quote, Profile, Research) on Monday bid $1.5 billion in cash for Britain&#39;s Novar Plc
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A media group owned by U.S. billionaire Ronald Lauder is buying a controlling interest the Czech television network TV Nova for about $642 million, the company said Monday.
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Bumble Bee Seafoods, the canned tuna producer acquired by Connors Bros. Income Fund earlier this year, agreed Wednesday to buy Castleberry/Snow&#39;s Brands and Sara Lee Corp.
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LONDON/NEW YORK  - U.S. manufacturer Honeywell  International Inc. HON.N on Monday bid $1.5 billion in cash  for Britain's Novar Plc NVR.L 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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British Energy won approval from Brussels yesterday for its Â£3.4bn government-backed bail-out, under the condition that the cash is used exclusively for decommissioning nuclear power plants.
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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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A Macquarie Communications Infrastructure Group (MCG) led consortium (âConsortiumâ), in which Macquarie Bank Limited (MBL) has an approximate 13% interest, today announced it has been selected as the successful bidder for the acquisition of National
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The board of Auckland International Airport backs a bid from Dubai Aerospace Enterprise.
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Bristol-Myers Squibb Co. agreed to pay up to $530 million to Medarex Inc. as part of a deal to co-develop Medarex&#39;s experimental melanoma treatment.
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By Karla Ward, Lexington Herald-Leader, Ky.  Dec. 13--Ashland Inc. is offering a voluntary buyout package to 1,100 of  its 12,000 employees, including several hundred in Lexington.
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Nabi Biopharmaceuticals NABI.O on  Tuesday said its NicVAX nicotine vaccine showed promise in  helping smokers quit smoking in a small clinical trial, sending  its shares up 17 percent.
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Diversified U.S. manufacturer Honeywell has agreed to buy Novar Plc, a British industrial holding company, for 798 million pounds (&#36;1.53 billion), a source familiar with the situation said on Sunday.