Smiths Group's future is hazy after venture with GE is dissolved

Article Abstract:

US firm General Electric Co. and UK equipment manufacturer Smiths Group PLC have abandoned their plans to create a security-screening technology joint venture after being unable to develop a common vision. The plan was announced when GE bought Smiths Group's aerospace business in January 2007 for $4.8 bil. The joint venture's failure has raised speculation regarding whether or not Smiths Group will split.

ELECTRONIC & OTHER ELECTRIC EQUIPMENT, Strategy & planning, Joint ventures, Management dynamics, Measuring & controlling devices, not elsewhere classified, Measuring and Controlling Devices, United Kingdom, Instrument industry, Instrument industry (Equipment), Management, Planning, Electrical equipment and supplies industry, Electric equipment industry, General Electric Co., GE, Company business management, Company joint venture, Company business planning, Smiths Group PLC

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AOL bids for TradeDoubler

Article Abstract:

America Online Inc. of the United States has offered to purchase TradeDoubler AB of Sweden in a deal valued at approximately $900 million. The American internet company is planning on growing into the European online advertising market. Alecta, a major shareholder in TradeDoubler AB rejected the bid offer, which will likely cause America Online Inc. to raise its offer.

On-Line Information Services, Videotex & Teletext, Sweden, Online services, America Online Inc., Online information services, Information services, Online information service, Financial report, TradeDoubler

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Husqvarna broadens product line with deal for Germany's Gardena

Article Abstract:

Swedish company Husqvarna AB is acquiring German company Gardena AG for $413.6 million. This acquisition will enhance Husqvarna's garden product line to include irrigation products.

Product information, Household Appliances, Lawn and garden equipment, Germany, Product enhancement, Home appliances industry, Appliance industry, Husqvarna AB, Lawn and garden equipment industry, Gardena Kress und Kastner GmbH

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