Ingersoll-Rand (India) Ltd notched up volume of 4.72 lakh shares by 14:19 IST on NSE, a 30.08 fold spurt over two-week average daily volume of 15700 shares Whirlpool of India Ltd, HFCL Ltd, Rallis India Ltd, Alkyl Amines Chemicals Ltd are among the other stocks to see a surge in volumes on NSE today, 23 April 2021. Ingersoll-Rand (India) Ltd notched up volume of 4.72 lakh shares by 14:19 IST on NSE, a 30.08 fold spurt over two-week average daily volume of 15700 shares. The stock rose 5.07% to Rs.727.05. Volumes stood at 16147 shares in the last session. Whirlpool of India Ltd witnessed volume of 6.4 lakh shares by 14:19 IST on NSE, a 7.04 times surge over two-week average daily volume of 91015 shares. The stock increased 2.06% to Rs.2,133.85. Volumes stood at 1.04 lakh shares in the last session.
By Reuters Staff 2 Min Read (Reuters) -Ingersoll Rand Inc said on Monday it will sell its golf cart business to private equity firm Platinum Equity LLC for $1.68 billion, as the industrial solutions provider looks to cut its debts. The deal for Club Car, which Ingersoll Rand acquired in 1995, is the latest in a series of divestitures that chief executive officer Vicente Reynal has embarked on to streamline the company’s portfolio following last year’s merger of its industrial business with Gardner Denver Holdings Inc. As of Dec. 31, a long-term debt of $3.86 billion stood on the books of Ingersoll Rand, which said Club Car sale proceeds will also be directed towards core business segments.
Message : Required fields LOS ANGELES, April 12, 2021 /PRNewswire/ Platinum Equity announced today it has entered into a definitive agreement to acquire Club Car from Ingersoll Rand (NYSE:IR) in a transaction valued at approximately $1.7 billion. The acquisition, subject to standard closing conditions, is expected to be completed by the third quarter of 2021. Founded in 1958 and headquartered in Augusta, Georgia, Club Car is a global manufacturer of golf cars, utility, personal transportation and other low-speed vehicles, including all-electric models, and related aftermarket parts and services. The business has been owned by Ingersoll Rand since 1995. Club Car is an iconic golf brand that for more than 60 years has set the industry standard for quality and innovation, said Platinum Equity Chairman and CEO Tom Gores. We appreciate Ingersoll Rand s confidence in our ability to build on that legacy and support Club Car s continued growth and expansion as a standalone company.
Pumps and compressors manufacturer Ingersoll Rand Inc is nearing a deal to sell its golf cart business to private equity firm Platinum Equity LLC for around $1.7 billion, people familiar with the matter said on Sunday.
Middletown education stakeholders tell Murphy what our children need FacebookTwitterEmail 1of6 U.S. Sen. Chris Murphy hosted a roundtable discussion Tuesday at Middletown City Hall to hear feedback from educators and summer camp directors how great the need is for federally funded youth summer enrichment and learning programs. From left, Middletown Public Schools Chief Academic Officer Magda Parvey and Russell Library Director Ramona Burkey, were among those who shared their experiences during the hour-long discussion.Cassandra Day / Hearst Connecticut MediaShow MoreShow Less 2of6 U.S. Sen. Chris Murphy, D-Connecticut, hosted a roundtable discussion Tuesday at Middletown City Hall to hear feedback from educators and summer camp directors how great the need is for federally funded youth summer enrichment and learning programs.Cassandra Day / Hearst Connecticut MediaShow MoreShow Less
WASHINGTON (dpa-AFX) - Ingersoll Rand Inc. (IR) has entered into an agreement to sell a majority interest in its High Pressure Solutions Segment to the private equity firm American Industrial
Read more about Ingersoll to enter into license agreement with IR Global Ventures LLC on Business Standard. The Agreement inter alia provides for payment of royalty effective 01 January 2021 to IRGlobal Ventures LLC at the rate of 4% on the Company s net sales price of all products andservices, against the licensing of the technical knowhow, global
Sadbhav Engineering Ltd, Yaarii Digital Integrated Services Ltd, Ingersoll-Rand (India) Ltd and Va Tech Wabag Ltd are among the other gainers in the BSE s A group today, 12 February 2021. Sadbhav Engineering Ltd, Yaarii Digital Integrated Services Ltd, Ingersoll-Rand (India) Ltd and Va Tech Wabag Ltd are among the other gainers in the BSE s A group today, 12 February 2021. Greenply Industries Ltd surged 14.85% to Rs 157.4 at 11:48 IST. The stock was the biggest gainer in the BSE s A group. On the BSE, 2.78 lakh shares were traded on the counter so far as against the average daily volumes of 42625 shares in the past one month.
socaltech.com Los Angeles-based TenOnTen Ventures, the venture capital investment fund run by David Waxman, Gil Elbaz, and Minnie Ingersoll, has kicked off efforts to raise a third fund, TenOneTen Ventures III, with a goal of raising $60M in the fund, per recent regulatory filings by the firm. Details on the new fund have not yet been announced, as venture investors generally are not able to discuss their fundraising efforts while they are underway. The filing did not indicate any commitments yet by LPs. TenOneTen s investments have included HealthTensor, Joymode, CREXi, Ordermark, Probably Genetic, AirMap, Burner, and many other companies. The firm is known for its focus on data and software. All three of the Partners were entrepreneurs; Waxman co-founded Firefly (acquired by Microsoft), PeoplePC (acquired by Earthlink), and Spotrunner; Elbaz co-founded Applied Semantics (acquired by Google, as the foundation of Google AdSense) and Factual; Ingersoll was co-founder and COO of used car marketplace Shift.