Hints and tips:
...Landis+Gyr fits that profile.”...
...S&P data records that Kirkbi holds stakes in such pulse-quickening businesses as Nilfisk, which makes cleaning equipment, Swiss metering group Landis & Gyr and Nordic Waterproofing....
...Richard Mora, Landis+Gyr’s chief executive, told the FT that the planned sale would release Landis+Gyr from the constraints it has faced as a subsidiary of cash-strapped Toshiba....
...Landis + Gyr had net revenues last year of $1.66bn. Adjusted Ebitda profits were $212.0m....
...These trends are opening new opportunities for Landis+Gyr to sell software and services to utilities....
...Toshiba confirmed this week that if no buyer materialises, it will float smart meter subsidiary Landis+Gyr in Zurich later this year....
...Landis+Gyr, based in Switzerland, could achieve a valuation of $2bn....
...+Gyr....
...Hitachi is also looking to team up with private equity group CVC Capital Partners to acquire Landis+Gyr, a Swiss maker of “smart meter” transmission technology that Toshiba is considering selling, two people...
...+Gyr set to opt for IPO over straight sale (Reuters) New Toshiba chip sale doubts as US ruling delayed (FT) Church & Dwight to buy Water Pik (Reuters) Multi-Color to buy labels unit of Constantia for...
...Toshiba says Landis+Gyr’s earnings are growing steadily and it did not see any need for a writedown. Yet there is little question that the conglomerate is haunted by its recent history of dealmaking....
...+Gyr (BBG) DE Shaw joins call for removal of Petropavlovsk’s Hambro (FT) Freeport, China Moly agree to end talks on cobalt assets (Reuters) Elliott calls for BHP shake-up under new chairman (FT) SS&C...
...+Gyr seeks IPO to fuel global smart meter growth (FT) Siemens CEO says rail partnerships possible alternative to M&A (Reuters) Dropbox seeks to hire IPO underwriters (Reuters) Follow the FT’s deals team...
...He also owned substantial stakes in smart grid maker Landis+Gyr, acquired by Toshiba for $2.3bn in 2011, and Heinz, which was bought by Warren Buffett for $28bn last year....
...Last year it bought Landis+Gyr, a Swiss maker of “smart meter” transmission technology, for $2.3bn, and in May it formed an alliance with Unison, a South Korean manufacturer of wind turbines....
...This is a little elevated, courtesy of buying Landis+Gyr, the Swiss smart grid group, and its forced acquisition of the majority of Westinghouse, the US nuclear engineer....
...So when meter maker Landis+Gyr started work on a new design, initially for British Gas, smart development and manufacturing was essential....
...Toshiba said on Thursday that it will acquire Landis+Gyr in a deal valued at $2.3bn, including debt, in an effort to move into the promising overseas smart grid market....
...Landis+Gyr, based in the low-tax canton of Zug, is a famous Swiss engineering name....
...The Australian investor’s founder and chief executive, Cameron O’Reilly is also chief executive of Landis+Gyr....
...Takeda and Toshiba initiated talks with their respective targets – Nycomed and Landis & Gyr – before the disaster, suggesting that for many companies the tragedy has not prompted management to abandon or...
...The INCJ also invests abroad: in July it teamed up with Toshiba to put $680m into Landis & Gyr of Zug, Switzerland, the world’s leading designer and maker of smart electricity meters....
...He spoke in Baku in 2009 on behalf of Landis+Gyr, a UK company supplying 300,000 advanced electricity meters....
...In its letter, DIC added that it could also sell its minority stake in Landis & Gyr, the world’s biggest utility meter manufacturer, and may make disposals in its Middle East portfolio, which includes the...
...+ GYR, who tells Fiona Harvey, the FT’s environment correspondent, all about smart grids and smart meters....
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