Germany's Viag makes bid for 25% stake in EnBW

Article Abstract:

Viag AG is making an offer to acquire a 25% share of Energie Baden-Wuerttemberg AG (EnBW). EnBW is owned by the state government. Electricite de France (EDF) has stated that it has made a bid for Baden-Wuerttemberg state's share in EnBW. VEW AG has also made a bid to acquire the share. The state wants to ensure that job positions will be maintained once any deal is reached. EDF is believed to have made a five billion marks (2.6 billion euros) offer for EnBW.

Comment:

Viag making offer to acquire 25% share of Energie Baden-Wuerttemberg; ECD announces new five billion mark bid for EnBW

Electric Utilities, Electric Power Generation, Transmission and Distribution, Telecommunications, France, Electric Power Generating, Electric Power Generation, Telecommunications services industry, Telecommunications industry, Abstract, Electricite de France, Viag AG, Energie Baden-Wuerttemberg AG

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Infineon shares hit record low, hurt by a rumor

Article Abstract:

Infineon Technologies AG saw its share value decline to record lows as the semiconductor industry was hit by a report of lower forecasts from Applied Micro Circuits Corp. Siemens AG was rumored to be dumping stock in order to punish Infineon's shares.

Securities prices, Securities, Infineon Technologies AG

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Sony buys stake in Systemonic, a German start-up

Article Abstract:

Sony Corp. has acquired a share of Systemonic AG, a startup firm based in Germany. Sony hopes to utilize Systemonic's wireless communications technology.

Japan, Household audio and video equipment, Consumer Electronics, Audio and Video Equipment Manufacturing, Consumer electronics industry, Sony Corp., SNE, Systemonic AG

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