We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Industrea Fpo | ASX:IDL | Australian Stock Exchange | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.00 | - |
From May 2019 to May 2024
General Electric Co. (GE) agreed to buy Australia-based mining-equipment maker Industrea Limited (IDL.AU) for about A$700 million ($696.6 million), adding to its footprint in a fast-growing sector.
The industrial conglomerate also agreed to acquire privately held equipment maker Fairchild International, a U.S. mining supplier, for an undisclosed amount.
GE touted both acquisitions as a way to take advantage of growing mining in Australia, China and the U.S. The deals expand GE's breadth of product offerings to address about 35% of the underground mining value chain, the company said.
GE's shares were recently up 4 cents at $18.44 after hours. The stock has declined by about 7.5% over the past year.
-By Drew FitzGerald, Dow Jones Newswires; 212-416-2909; Andrew.FitzGerald@dowjones.com
1 Year Industrea Chart |
1 Month Industrea Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
