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SPX To Sell SPX Transformer Solutions To GE-Prolec Transformers For $645 Mln Cash

SPX To Sell SPX Transformer Solutions To GE-Prolec Transformers For $645 Mln Cash FAIRFIELD (dpa-AFX) - SPX Corp. announced Wednesday that it has entered into a binding agreement to sell 100% of the issued and outstanding stock of its wholly-owned subsidiary, SPX Transformer Solutions, Inc., to GE-Prolec Transformers, Inc., a subsidiary of a joint venture between General Electric Co. (GE) and Xignux S.A. de C.V. for a cash purchase price of $645 million. SPX anticipates that after taxes on a ga...
Transformer Solutions Transformers Inc Transformer Solutions Inc Prolec Transformers General Electric Engineered Solutions

SRAM & MRAM, ATD Group and CORE Energy Group join forces to install oxygen generator plants pan India

Read more about SRAM & MRAM, ATD Group and CORE Energy Group join forces to install oxygen generator plants pan India on Business Standard. New Delhi [India], June 5 (ANI/NewsVoir): In a bid to fight against the deteriorating COVID Pandemic, a UK based conglomerate SRAM & MRAM, has partnered with India based ATD Group and CORE Energy Group.
United States United Kingdom New Delhi South Africa Nagesh Basarkar Vee Rao

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