Schneider looks for acquisitions; profit jumps 18%

Article Abstract:

Schneider Electric SA is seeking for acquisitions that would allow it to expand into its weaker markets. The company also posted an 18% increase in profits for the 1999 year.

Strategy & planning, Engineering for Electrical, Electronics Pl, Planning, Finance, Electronics, Production engineering, Electrical engineering

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Schneider buys Legrand in 7.2 billion euros deal

Article Abstract:

Schneider Electric SA has acquired Legrand SA in a friendly takeover attempt. Schneider is acquiring Legrand for 7.2 billion euros in an exchange of shares.

ELECTRONIC & OTHER ELECTRIC EQUIPMENT, Electrical & Electronic Equip, Electrical Equipment, Appliance, and Component Manufacturing, Asset sales & divestitures, Acquisitions & mergers, Mergers, acquisitions and divestments, Legrand S.A.

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ABB's warning on 2001 profit tied to slump

Article Abstract:

ABB Ltd. forecasted lower-than-expected earnings for the full 2001 year. The company has seen a drop in orders as it carries out a restructuring plan.

Sales, profits & dividends, Organizational history, Tanzania, Forecasts and trends, ABB Ltd.

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