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CHLD Chloride Grp.

374.60
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Chloride Grp. LSE:CHLD London Ordinary Share GB0001952075 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 374.60 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

EU Clears Emerson Electric To Buy Chloride Group

24/08/2010 5:20pm

Dow Jones News


Chloride (LSE:CHLD)
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The European Commission Tuesday cleared U.S. industrial conglomerate Emerson Electric Co. (EMR) to buy U.K. electrical engineering firm Chloride Group (CHLD.LN).

The combined company would create one of the world's largest suppliers of uninterruptible power equipment.

Emerson will pay 375 pence a share for Chloride, which was also considering a bid from Swiss electrical engineering firm ABB Ltd. (ABB)

-By Matthew Dalton, Dow Jones Newswires; +32 2 741 1487; matthew.dalton@dowjones.com

 
 

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