Cooper Industries News
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Actavis Inc.’s $5 billion deal to buy Warner Chilcott Plc brings in a new stable of brand-name women’s health drugs. It also comes with headquarters relocated to Ireland and lower taxes for the combined company.
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Toshiba Corp., the Japanese maker of flash-memory chips, elevators and nuclear reactors, is buying the chip-production assets of Bridgelux Inc., a producer of energy-sipping light-emitting diodes.
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Dollar General Corp. will replace Cooper Industries Plc in the Standard & Poor’s 500 Index, according to a statement from the index provider.
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Ingersoll-Rand Plc’s plan to spin off its commercial and residential security businesses is creating a potential target for what would be the industry’s biggest takeover on record.
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The receiver in charge of liquidating WG Trading Co., the company allegedly used in a Ponzi scheme by former managers Paul Greenwood and Steven Walsh , sued to recover $21 million in profit from a Cooper Industries Inc. trust.
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Mystery suitors for U.K. companies will be forced to declare themselves next week as regulators implement stricter guidelines to increase transparency and protect shareholders.
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Invensys Plc said it received an exploratory takeover approach from Emerson Electric Co. that failed to produce an agreement, as the British manufacturer’s units spanning rail signaling and metering draw interest.
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Cooper Industries Plc dropped plans to buy Laird Plc, the world’s largest maker of electronic shields for laptops and televisions, after failing to agree a price. Laird shares fell the most in almost three years.
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Eaton Corp., the equipment maker that is acquiring Cooper Industries Plc, sold $4.9 billion of bonds in five parts to help fund the purchase.
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Laird Plc, the biggest maker of mobile-phone electronic shields, fell the most in 12 weeks in London trading after Cooper Industries Plc of the U.S. said it’s reviewing its interest in the company.
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