InVision holder sees windfall

Article Abstract:

Arsene Kronshagen originally purchased his majority share of InVision Technologies Inc. stocks from Italian construction magnate Rendo Eugenio in 1998. Now that the company, a leader in the field of security scanning equipment for airports, is to be purchased by General Electric Co., Mr. Kronshagen stands to cash in his 1.4 million shares for a tidy $70 million.

Italy, ELECTRONIC & OTHER ELECTRIC EQUIPMENT, Financial management, Securities issued, listed, Luxembourg, Company investment, Investments, Securities, Electronics industry, Company securities, InVision Technologies Inc., Capitalists and financiers, INVN, Kronshagen, Arsene, Rendo, Eugenio

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GE's bid for Finnish company faces tough regulator at EU

Article Abstract:

General Electric Co.'s (GE) bid to acquire Instrumentarium Corp. will be investigated by the European Union (EU). The proposed $2 billion deal is expected to face a four-month probe by the EU.

Finland, Legal issues & crime, Strategy & planning, Planning, Company legal issue, Cases, Investigations, European Union, Powers and duties, Medical equipment and supplies industry, Medical equipment industry, Company business planning, Instrumentarium Corp.

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