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Invensys (BER:SBPC) |
Financial Times
May 16
Comment
Sale of rail unit to Siemens for £1.7bn has allowed engineering group to pay off most of its £490m pensions deficit and return £625m to shareholders
guardian.co.uk
Apr 30
Comment
SocGen says company's cash pile could be attractive to predator after sale of rail business is completed
Engineering group Invensys, buoyed on Monday by renewed takeover speculation, has climbed another 4.5%.
Its shares are 16.5p higher at...
guardian.co.uk
Dec 16
Comment
A vote on the sale of the firm's railway technology business to Siemens will raise questions about the loss of UK assets to foreign buyers
There is likely to be some tension at the Invensys extraordinary general meeting on Wednesday between the...
guardian.co.uk
Dec 14
Comment
Analysts at Deutsche Bank say group could make disposals sooner than expected
A break-up of technology business Smiths Group could be on the agenda next year, analysts at Deutsche Bank have suggested.
A couple of year's ago Smiths rejected a bid...
Financial Times
Nov 30
Comment
Future M&S and Invensys pensioners can sleep easier. Their employers have increased their chances of getting paid after they retire.
Financial Times
Nov 29
Comment
The sale of its rail arm to Siemens raises questions about the future of the rest of the group and analysts and bankers raise the prospect of more sales
Wall Street Journal
Nov 29
Comment
Invensys could be signaling the end of an era with the sale of its rail division to Siemens. And it may also pave the way to a long heralded breakup of what was once one of Britain's 30 largest companies.
guardian.co.uk
Nov 29
Comment
Siemens' £1.7bn for signalling division may seem over-priced but for long-view German shareholders its a shrewd price
Invensys got a corker of a price from Siemens for its rail signalling division, everybody agrees. And it's true that £1.7bn in...
ValueWalk.com
Nov 29
Comment
Siemens AG (ADR) (NYSE:SI), the largest industrial conglomerate in Germany, announced late Wednesday that it has agreed to acquire the rail automation business of London-based Invensys plc (LON:ISYS) for $2.9 billion (2.2 billion euros). Siemens...
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