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...Other companies involved in the MTC include JCB, digger manufacturer, Bombardier, train builder, and Aero Engine Controls, aerospace company....
...MTC has its headquarters in Dayton, Ohio, and employs about 3,000 staff. Raj Soin, chairman and chief executive of MTC, said the deal would provide MTC with “expanded market opportunities”....
...BAE recently agreed to acquire MTC Technologies, which offers support and maintenance to the US military, in a deal valued at $450m....
...BAE Systems rose 0.8 per cent to 494p as it continued its push into the world’s largest defence market with the $448m purchase of MTC Technologies, an Ohio-based military company....
...BAE Systems rose 0.8 per cent to 494 as it continued its push into the world’s largest defence market with the $448m purchase of MTC Technologies, an Ohio-based military company....
...Leading Middle East telecoms groups were also given the green light, including Etisalat of the United Arab Emirates, MTC of Kuwait and Egypt’s Orascom....
...Raising debt, meanwhile, is a “major problem”, even for cash-generative companies, says the founder of Celtel, a private equity-backed mobile company recently sold to Kuwait’s MTC for $3.4bn....
...Kuwaiti mobile operator MTC disclosed last month it had recovered $15m in lost revenues, or 2.5 per cent of total revenues, after hiring a revenue assurance manager and installing a $2m off-the-shelf revenue...
...Ali Al-Dahwi, chief executive of Iraqi operator MTC Atheer, says having an all Iraqi management team is essential to his company’s success....
...UBS acted for MTC....
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