Honeywell makes $1.5bn Novar bid
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Honeywell International stepped into the battle for control of industrial group Novar yesterday with a $1.5bn (Â£790m) agreed cash offer that some believe represents a knock-out blow.
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Aerospace and high-tech manufacturer Honeywell International Inc. will hire 1,000 software programmers and invest $10 million in India over the next 12 months to bolster its research and development activities, an company official said Monday.
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Kidde, the UK fire and safety products company, said yesterday it had accepted a cash offer from United Technology Corporation that values the group at Â£1.442bn.
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A consortium led by Macquarie Communications Infrastructure Group agreed Thursday to pay 1.27 billion British pounds (US$2.5 billion; euro1.8 billion) for NTL Inc.
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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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Gordon Brown will offer to $1.8bn (Â£960m) over 15 years to help boost an international vaccination scheme.
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NEW YORK - Honeywell International Inc. won a $16 billion contract to build and service mechanical systems for Airbus SAS's A350 wide-body plane, work that will take place over at least two decades.
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Honeywell&#39;s legal action against 34 electronics and computing companies for allegedly infringing one of its LCD patents has yielded its first public licensing agreement.
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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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Philips Electronics announced Friday that it would launch a friendly cash takeover bid for US medical equipment company Respironics, valuing it at 5.1 billion dollars (3.6 billion euros).
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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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The insurance industry says claims relating to the floods which hit parts of the UK in June will total Â£1.5bn.
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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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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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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-based wealth management and insurance group HHG Plc. is to sell its Life Services business to a venture capital group for 1.025 billion pounds (1.97 billion US dollars).
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Swiss food giant Nestle has said it had acquired the medical nutrition business of pharmaceuticals major Novartis for 2.5 billion dollars (1.9 billion euros).