Vietnam Business Finance (Free subscription) | 31/08/2008
UK-based Chloride Group PLC, a European leader in power solutions and services, opened a representative office in Ho Chi Minh City on Aug 28. Chloride’s services and products include power system UPSs, inverters, rectifiers, converters, static transfer switches, flywheels, fuel cells, generators, and software products. It also provides after-sales services and support backed up by its
EuroInvestor.co.uk (Free subscription) | 05/06/2008
FORM 8.3 DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE (Rule 8.3 of the Takeover Code) .. - Read more
The St Louis Business Journal (Free subscription) | 04/06/2008
Emerson Electric Co. said Wednesday it has withdrawn its pursuit of Chloride Group PLC after the London-based provider of power solutions rejected Emerson's second attempt to buy the company. (EMR)
Market Watch (Free subscription) | 04/06/2008
LONDON (MarketWatch) -- Shares in Chloride Group fell 11.1% Wednesday to 252 pence a share after Emerson Electric Co. said it's no longer interested in buying the company. In a statement Emerson said it's most recent proposal to Chloride was worth 270 pence a share, or a 64% premium to the March 17 closing price before Emerson first announced its interest. But Emerson said the approach was rejected...
Data Center Knowledge (Free subscription) | 04/06/2008
Emerson Electric Co (EMR) has halted its efforts to acquire Britain's Chloride Group (CHLD) after its latest improved takeover offer of $1.37 billion was rejected, the company said early Wednesday. Shares of Chloride, one of Europe's leading providers of uninterruptible power supply (UPS) systems,... Read more at our web site
Scotsman.com (Free subscription) | 03/06/2008
POWER supply protection company Chloride Group yesterday posted a 54 per cent rise in annual profit and a 33 per cent rise in the dividend as it stressed it was focused on an
New York Times (Free subscription) | 13/05/2008
The Chloride Group, the largest maker of backup power supplies in Europe, rejected a preliminary $1.3 billion takeover approach from the Emerson Electric Company of St. Louis, setting off a 35 percent gain in its share price.
The St Louis Business Journal (Free subscription) | 13/05/2008
Emerson Electric Co.'s preliminary cash offer to purchase London-based Chloride Group PLC for US$1.29 billion was rejected, according to a Chloride regulatory announcement. (EMR)
Reuters UK (Free subscription) | 12/05/2008
LONDON (Reuters) - Chloride Group, whose products protect against power shortages, said on Monday it had rejected a bid approach which it said materially undervalued the company.
Market Watch (Free subscription) | 12/05/2008
LONDON (MarketWatch) -- Chloride Group confirmed it's received a takeover bid, which it said valued the U.K. firm at 255 pence a share. It rejected the approached from the unnamed suitor, saying the preliminary offer that still required due diligence materially undervalued it. The Daily Telegraph had first reported the outside interest, and said possible bidders include Eaton and Emerson. Chloride...
Market Watch (Free subscription) | 12/05/2008
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Business Times Asiaone (Free subscription) | 20/02/2008
THE Chloride Group, which provides solutions for uninterrupted power supply (UPS) for data centres and for other critical business applications, last week inaugurated its new Singapore office as part of its expansion drive in the region.
PR News Wire (Free subscription) | 15/02/2008
SINGAPORE, Feb. 15 /Xinhua-PRNewswire/ -- Chloride Group, a world leader in Secure power Solutions listed on the London Stock Exchange, today opened a Singapore and SEA regional headquarters and Training Academy to enhance Chloride's ability to serve and support customers in the region. The new 1,300 square meter facility at Corporation Road, Jurong, will serve as the company's local office, head...
Business Wire (Free subscription) | 02/01/2008
LONDON--(BUSINESS WIRE)--Chloride Group PLC is the recipient of the 2007 Frost & Sullivan European UPS Company of the Year Award. The company is commended for having demonstrated
PR News Wire (Free subscription) | 06/11/2007
LOS ANGELES, Nov. 6 /PRNewswire/ -- VYCON, an innovator in the design and manufacture of green-tech, energy storage flywheel systems, today announced an agreement with Chloride Group PLC for the distribution and marketing of VYCON's VDC flywheel for use on Chloride UPS systems. The VYCON VDC is a flywheel-based energy storage system that provides a stable, reliable, low-maintenance, extended-life...
