Faurecia to buy automotive arm of Sommer Allibert

Article Abstract:

Sommer Allibert will sell off its automotive division to Faurecia for 1.48 billion euros. The deal will make Faurecia the leading vehicle interior maker in Europe.

Plastic Products, Plastics Product Manufacturing, Motor vehicle parts and accessories, Motor Vehicle Parts, Motor Vehicle Parts Manufacturing, Automobile equipment and supplies industry, Automotive parts industry, Plastics industry, Automotive parts, Faurecia, Sommer Allibert S.A.

---

Sodexho sweetens buyout offer to minority holders of U.S. unit

Article Abstract:

Sodexho Alliance SA has increased its acquisition bid for the share of Sodexho Marriott Services Inc. that it does not already own. France-based Sodexho will acquire the 52% share of Sodexho Marriott that it does not already own for $1.08 billion (1.21 billion euros). This is almost $200 million more than it originally offered.

United States, Foreign operations, Eating places, Food Services and Drinking Places, Institutional Food Services, Food Service Contractors, Restaurant industry, Food services, Restaurants, Sodexho Alliance S.A., Sodexho Inc.

---

France Telecom nears sale of stake in STMicroelectronics to CEA-Industrie

Article Abstract:

France Telecom S.A. is close to a deal to sell off its 11% share in STMicroelectronics N.V. to CEA-Industrie. The deal is valued at approximately 3.3 billion euros.

Semiconductors and related devices, Semiconductor Devices, Semiconductor and Related Device Manufacturing, Telecommunications, Telephone Communication, Holding companies, not elsewhere classified, Financial Holding Companies NEC, Offices of Other Holding Companies, Semiconductor industry, Financial services industry, Financial services, Telecommunications services industry, Telecommunications industry, Financial holding companies, France Telecom S.A., FTE, STMicroelectronics N.V., STM, CEA Industrie

Similar abstracts:

• Abstracts: France Telecom, Deutsche Telekom explore selling stakes in Sprint. Deutsche Telekom talks in U.S. are heating up
• Abstracts: DaimlerChrysler nears deal to raise its stake in Mitsubishi. DaimlerChrysler, Mitsubishi finalize lucrative alliance
• Abstracts: ICI's planned sale stalled by regulator. (Imperial Chemical Industries PLC). Millennium says profit rose sharply in the first quarter
• Abstracts: Qatar nears deal to acquire stake in LSE: move underscores race in Mideast to become region's trading hub. iX consultation group is launched
• Abstracts: Firestone seeks new crisis team after old one leaves in frustration. U.S. ad agencies shift to overdrive to pursue Chrysler

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.