Hints and tips:
...Last year, Emerson Electric agreed to buy Pentair’s valves and controls business for $3.15bn. Randall Hogan, Pentair’s chairman and chief executive, will join that business as chairman....
...One way CEOs can offset potentially overwhelming pressure is by finding small ways to exercise control....
...Tyco split into three in 2012, spinning off the ADT security company and Pentair, a valve maker....
...For example, US conglomerate Johnson Controls agreed a $20bn reverse takeover of Ireland-based Tyco International — a deal that would have the same effect as a so-called ‘tax inversion’....
...Trian has sought to persuade DuPont investors that the company would be better placed splitting off some of its businesses with rosier growth prospects, while also lambasting the company’s internal cost controls...
...Pulling out all the stops refers not to unstopping a dam for the waters to flow forth, but rather to the opening of the valves on a pipe organ....
...Other sales over the past few years include a 45 per cent stake in UAE-based valve manufacturer KEF Holdings to Tyco International in March 2011, and four Holiday Inn Express hotels in Dubai....
...In brief, most EMs now have little foreign currency debt, are more trusted by investors and have flexible exchange rates as a pressure release valve....
...As part of the pact with the US Securities and Exchange Commission and US Department of Justice, Tyco Valves & Controls Middle East, a Dubai-based subsidiary that marketed valves and actuators to oil and...
...Tyco Flow Control makes valves and controls for the energy and industrial sectors as well as pipes for water systems, while Pentair sells commercial and residential water filtration systems and products...
...The fire protection business recorded 24 per cent earnings growth but the flow-control business, which produces water pipes and valves, saw a decline in revenues, profits and margins....
...Today’s readers, de-sensitised by subsequent scandals such as Enron, Tyco and Madoff, are fascinated more by the tales of brash upstarts, often with immigrant or working class backgrounds, taking on establishment...
...For example, many audiophiles argue vinyl LPs sound warmer and better than CDs – particularly if played through an old-fashioned valve amplifier....
...For example, many audiophiles argue vinyl LPs sound warmer and better than CDs – particularly if played through an old-fashioned valve amplifier....
...In particular, there has been a rise in the number of lenders insisting on change-of-control clauses in bond covenants. These force the company to buy back debt at full value if there is a takeover....
...Mueller is the leading North American provider of water infrastructure and flow control products – things such as fire hydrants, valves, pipes, fittings and couplings....
...Rumours around Hanson have intensified, particularly since it has its asbestos liability under control. Lafarge is seen as the stalker....
...The $130m VSNL acquisition of Tyco Global Network, which will give it control of a network that has about 80 per cent of trans-Pacific fibre-optic capacity, must still be approved by the Federal Communications...
...The Indian company has been the target of US trade complaints that it uses its control of submarine landing stations to keep competitors out of the Indian market....
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