Checkpoint is set to make an offer for Meto in Europe

Article Abstract:

Checkpoint Systems Inc. is planning to purchase Meto AG for $265 million (247.4 million euros). Checkpoint is a provider of security systems to retailers. Under the terms of the offer, Checkpoint would assume responsibility for $35 million in debt. The deal would increase Checkpoint's size and strengthen its operations in Europe. Meto is a provider of security tags and "electronic article surveillance" systems for retailers.

Foreign operations, Germany, Other Communications Equipment Manufacturing, Detection Equipment NEC, Abstract, Security systems industry, Detection equipment, Checkpoint Systems Inc., Meto AG

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Public Service's bid to acquire Cinergy hits a snag

Article Abstract:

Public Service Enterprise Group Inc.'s negotiations for the acquisition of Cinergy Corp. have been stalled due to the movement of share prices. Public Service is attempting to purchase Cinergy for $5.6 billion (6 billion euros).

Electric, Gas & Water Utilities, Utilities, ELECTRIC, GAS, AND SANITARY SERVICES, Cinergy Corp., CIN, Energy industries, Energy industry, Public utilities, Public Service Enterprise Group Inc., PEG

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FirstEnergy is negotiating to acquire GPU

Article Abstract:

FirstEnergy Corp. is engaged in acquisition negotiations with GPU Inc. An acquisition of GPU by FirstEnergy could be valued at approximately $4.5 billion (4.9 billion euros).

FirstEnergy Corp., FE, GPU Inc., GPU

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