Mergers & Acquisitions

Acquisition of Jackson Products by Kimberly-Clark

Irving, Texas, April 15: Kimberly-Clark Corporation (NYSE: KMB) declared today that it has acquired Jackson Products, Inc., a privately held safety products company, headquartered in Fenton, Mo.

Jackson Products, Inc., more commonly known within the industry as Jackson Safety, is a leading provider of welding safety products, personal protective equipment and work zone safety products.

"The acquisition of Jackson Safety is consistent with our global business plan strategy to accelerate growth of high-margin workplace solutions," said Jan Spencer, president of Kimberly-Clark Professional.

News Chrysler, Fiat board likely

Detroit, April 14: Chrysler LLC (NYSE: C) and its potential partner Fiat SpA (BIT: F) are contemplating a major restructuring at the top management level. A new board of directors, as also a new management team, is likely to be formed as the two automakers look forward to an alliance.

IBM, Sun Microsystems talks collapse

California, April 6: International Business Machines Corp (NYSE: IBM) has pulled out of the proposed takeover talks with Sun Microsystems (NASDAQ: JAVA).

Is Google eyeing Twitter?

San Francisco, April 4: The news that Google Inc (NASDAQ: GOOG) is interested in buying micro-blogging site Twitter Inc has spread like forest fire.

IBM-Sun merger deal in the final stages

New York, April 3:
Another mega merger! International Business Machines Corp. and Sun Microsystems Corp. are in the process of putting the finishing touches to combine the two corporate computer giants. IBM is already “in talks” to acquire Sun and the deal could see the light of the day fairly soon.

Arrow acquires Beach Petroleum's gas venture

Sydney, April 3: After an aborted bid for Pure Energy Resources Ltd (ASX: PES), the Australian coal-seam gas producer Arrow Energy Ltd (ASX: AOE) has bought Beach Petroleum Ltd’s (ASX: BPT) stake in a gas venture.

Questions raised over Hutchison, Vodafone merger

Sydney, April 2: The proposed merger between 3G mobile phone operator Hutchison Telecommunications Ltd. (HTA.AU) and Vodafone PLC (VOD) has raised many eyebrows.

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