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Mergers and acquisitions highlights to 15:50 GMT


Published : Tue, 13 Mar 2007 17:07
By : Agencies
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2007-03-13 15:47:02

Judge won't delay NorthWestern hearing

HELENA, Mont. (AP) - The hearing on the proposed sale of NorthWestern Energy

is going forward as scheduled, after a judge on Monday declined a request to

delay it.

2007-03-13 15:45:22

Montagu Private Equity sells Cory Environmental for 588 mln stg

LONDON (AFX) - Montagu Private Equity has agreed to sell its UK waste

business Cory Environmental to a consortium of infrastructure investors

including ABN AMRO Global Infrastructure Fund (ABN AMRO GIF), Finpro SGPS and

Santander Private Equity, for 588 mln stg.

2007-03-13 15:26:18

Autogrill interested in long-term industrial partner but no hurry - chairman

MILAN (AFX) - Autogrill SpA is looking for partners interested in a

long-term investments and there is no hurry to find the right partner, said

chairman Gilberto Benetton presenting full-year results to analysts.

2007-03-13 15:13:55

Philips buys Canadian solid state lighting company TIR Systems for 49 mln eur

AMSTERDAM (AFX) - Royal Philips Electronics NV has reached an agreement with

TIR Systems Ltd of Canada to buy all of the company's outstanding shares for

about 49 mln eur in cash.

2007-03-13 15:02:43

City of Hamburg decides to IPO 30 pct of port operator HHLA, stops auction

HAMBURG (AFX) - The German city state of Hamburg has decided to offer

investors 30 pct of its port operator Hamburger Hafen und Logistik AG (HHLA) in

an initial public offering rather than selling parts of it to a private

investor, mayor Ole von Beust said.

2007-03-13 14:47:54

Cisco buys NeoPath Networks

SAN JOSE, Calif. (AP) - Networking equipment maker Cisco Systems Inc. said

Tuesday it plans to buy privately held NeoPath Networks for an undisclosed

amount.

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