Toshiba to buy 77 pct of Westinghouse for $4.2 bln
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Japan's Toshiba Corp.  said on Wednesday it would take a 77 percent stake in Westinghouse, British Nuclear Fuels' U.S. power plant unit, for $4.16 billion, buying a much bigger chunk of the firm than it had initially planned.
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Ingersoll-Rand Company Ltd. IR.N said  on Monday it will buy the remaining 70 percent of Italian  lockmaker CISA SpA for about 200 million euros cash ($267.7  million) to expand its safety and security business.
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Cable and Wireless, the British telecoms group, said it had agreed to sell its Japanese unit to Internet service provider Softbank Corp for about 133 million dollars (104 million euros) including debt.
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Sony Corp  said on Wednesday it  will sell its microchip production facilities in western Japan  to Toshiba Corp  for 90 billion yen ($835 million), in  their latest move to focus on their core businesses.
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DECEMBER 21, 2004  - In a move aimed at bolstering its product line, storage vendor EMC Corp. is buying SMARTS Inc.
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Toshiba Corp. (6502.T) said it would buy  microprocessors from Advanced Micro Devices Inc. ,  ending its exclusive ties with Intel Corp.  for the  supply of the brains that run computers, and sending its shares  higher.
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Toshiba Corp says it plans to boost output capacity for flash memory chips at a plant in central Japan by 7.5 percent to meet robust demand from digital camera and mobile phone makers.
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Iberdrola plans to buy the regional utility owner Energy East Corporation for $4.5 billion in cash.
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Toshiba Corp. 6502.T said on Tuesday it   would replace about 340,000 laptop computer batteries made by   Sony Corp. 6758.T worldwide, the latest in a string of Sony   battery woes.
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Bank of America said Friday it would purchase embattled mortgage lender Countrywide Financial Corp. for $4 billion in an all-stock transaction.
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Toshiba Corp  said on Tuesday it  would join a group led by International Business Machines Corp   to develop system chips using 32-nanometre circuitry,  as chip makers increasingly team up to cut development costs.
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Sony Corp (6758.T) said on Wednesday it  will sell its microchip production facilities in western Japan  to Toshiba Corp (6502.T) for 90 billion yen ($835 million), in  their latest move to focus on their core businesses.
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Cerberus Capital Management is near a $4 billion deal to buy United Rentals Inc. , the largest equipment rental company by fleet size, for $34.50 a share, the Wall Street Journal reported on Monday.
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China and the United States agreed a deal on Saturday allowing Westinghouse Electric Co. to build four civilian nuclear power plants in China, nudging out French rival Areva to win a contract estimated at $8 billion.
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Consolation prize? Sony today re-iterated its plan to sell its Cell processor chip factory to Toshiba, which will pay Â¥90bn ($835m) for the facility.â¦
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Under the plan, Toshiba would own 77 percent of Westinghouse and the remaining 3 percent would be owned by Ishikawajima-Harima Heavy Industries of Japan.
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By Susan Decker and Ian King Bloomberg News  Toshiba Corp., the world's second-biggest flash memory maker, said it will pay $288 million to Micron Technology Inc. to end patent litigation started by a company Micron bought in June.  Lexar Media Inc.