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Home » Business News
Business News
Tuesday 02. December 2008

Parker Acquires Brazilian Manufacturer of Connectors and Instrumentation Products Expanding Capabilities as Regional Market Leader

Parker Hannifin (NYSE:PH), the global leader in motion and control technologies, has acquired Detroit Plasticos e Metais S/A (Detroit) of Sao Paulo, Brazil, a manufacturer of high performance fittings, valves, manifolds, and thermoplastic tubing. Detroit’s products are used throughout Latin America in oil and gas, petrochemical, pulp and paper, mining, transportation, steel, construction and agricultural markets.

Tuesday 02. December 2008

VERTIS COMMUNICATIONS NAMES STEPHEN DYOTT VICE CHAIRMAN

ALEX SOROKIN APPOINTED INTERIM PRESIDENT

Tuesday 02. December 2008

Associated Packaging Technologies Makes Three Key Hires

Associated Packaging Technologies (APT), a leading worldwide producer of food trays headquartered in Chadds Ford, PA, has expanded its corporate team with key appointments.

Tuesday 02. December 2008

Bisnode divests News Agency Direkt to Infront

Bisnode has signed an agreement with Norwegian Infront to divest News Agency Direkt, the Nordic region’s leading financial newswire service with operations in Sweden and Denmark. The decision to divest the news agency, with annual revenue of approximately SEK 40 million and 48 employees, follows a strategic process of focusing on core business of digital business information services in the European market. The divestment will provide no significant capital gains.

Tuesday 02. December 2008

St Ives plc – Interim Management Statement

At its Annual General Meeting, to be held at 11.00 a.m. today, St Ives plc will make the following announcement, which will comprise its Interim Management Statement referring to the period from 2 August 2008 to the present.

Tuesday 02. December 2008

Bisnode acquires WLW

Bisnode has signed an agreement to acquire Wer Liefert Was. With the acquisition, Bisnode considerably strengthens its market position within digital business and product information services in Europe. The seller is the Italian group Seat Pagine Gialle and the purchase price amounts to approximately EUR 40 million (Enterprise Value).

Tuesday 02. December 2008

Pilgrim’s Pride Corporation Files Voluntary Chapter 11 Petitions to Address Short-Term Operational and Liquidity Challenges

Company Receives Commitment for Up to $450 Million in Debtor-in-Possession Financing; Normal Operations to Continue

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