Ipot WHERE WILL XSTRATA LOOK FOR DEALS NOW THE ANGLO MERGER IS OFF
Tuesday 03 March 2015 8:46 pmMinicab firm Addison Lee growth plan accelerates to New YorkBy: Express KCSShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleADDISON Lee, Europersquo largest minicab company, will take on the US market after yesterday announcing plans to launch a new fleet of cabs in New York City.The transport firm said success in London has given it the resources to tap the US market, which it values at pound;2.2bn. The move will see the company run close to 4,000 minicabs.The company has benefited from its continued utilisation of techshy;nology, especially its Addison Lee app which includes a take me home function allowing the customer to book a cab home in two taps. Addison Leersquo proprietary booking and allocation software has also polene bag been developed and integrated into a number of existing New York ground transport providers, with further development planned for the future. The firm, sold to private equity owner Carlyle Group in 2013, offers a service which is popul polene ar with blue chip corporate clients.The extension of the Addison Lee business across the Atlantic is a fundamental part of a wider global roll out that aims to create a truly integrated global network of ground transport providers.Share this articleFacebookXLinkedInWhatsAppEmailSimilarly tagged con stanley mug tent: SectionsNewsCategoriesBusinessTrending ArticlesLabour will reg Fvey Invensys signals dividend return
Monday 30 August 2010 8:53 pm|Updated:Thursday 30 May 2019 9:10 pm3M agrees to buy Cogent in $900m dealBy: KCS-contentShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleDIVERSIFIED US manufacturer 3M said it would buy Co stanley austria gent for $943m pound; stanley canada 610m , paying a nearly 18 per cent premium for the maker of identification systems used to screen travellers at border crossings.3M said it would pay $10.50 a share. Cogent shares jumped 22 per cent to $10.90 in unusually heavy trading, topping the offer price, suggesting the market considers a rival owala water bottle bid possible. 3M shares were down $1.00 at $80.00.Cogent makes automated fingerprint and palmprint identification systems mdash; called biometrics mdash; that allow its customers to capture fingerprint and palm print images electronically.Analyst Josephine Millward of Benchmark said the deal values Cogent at about 6.6 times estimated 2011 earnings before special items, whereas other deals in the homeland security and defense sectors have produced multiples of at least eight. She said other bidders may emerge.Potential rival bidders include information technology services companies and systems integrators such as Danaher and Computer Sciences, as well as Lockheed Martin and Northrop Grumman, Millward said She rates Cogent shares buy, with a $14 price target. 3M makes systems for creating and validating documents like passports,
Tuesday 03 March 2015 8:46 pmMinicab firm Addison Lee growth plan accelerates to New YorkBy: Express KCSShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleADDISON Lee, Europersquo largest minicab company, will take on the US market after yesterday announcing plans to launch a new fleet of cabs in New York City.The transport firm said success in London has given it the resources to tap the US market, which it values at pound;2.2bn. The move will see the company run close to 4,000 minicabs.The company has benefited from its continued utilisation of techshy;nology, especially its Addison Lee app which includes a take me home function allowing the customer to book a cab home in two taps. Addison Leersquo proprietary booking and allocation software has also polene bag been developed and integrated into a number of existing New York ground transport providers, with further development planned for the future. The firm, sold to private equity owner Carlyle Group in 2013, offers a service which is popul polene ar with blue chip corporate clients.The extension of the Addison Lee business across the Atlantic is a fundamental part of a wider global roll out that aims to create a truly integrated global network of ground transport providers.Share this articleFacebookXLinkedInWhatsAppEmailSimilarly tagged con stanley mug tent: SectionsNewsCategoriesBusinessTrending ArticlesLabour will reg Fvey Invensys signals dividend return
Monday 30 August 2010 8:53 pm|Updated:Thursday 30 May 2019 9:10 pm3M agrees to buy Cogent in $900m dealBy: KCS-contentShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleDIVERSIFIED US manufacturer 3M said it would buy Co stanley austria gent for $943m pound; stanley canada 610m , paying a nearly 18 per cent premium for the maker of identification systems used to screen travellers at border crossings.3M said it would pay $10.50 a share. Cogent shares jumped 22 per cent to $10.90 in unusually heavy trading, topping the offer price, suggesting the market considers a rival owala water bottle bid possible. 3M shares were down $1.00 at $80.00.Cogent makes automated fingerprint and palmprint identification systems mdash; called biometrics mdash; that allow its customers to capture fingerprint and palm print images electronically.Analyst Josephine Millward of Benchmark said the deal values Cogent at about 6.6 times estimated 2011 earnings before special items, whereas other deals in the homeland security and defense sectors have produced multiples of at least eight. She said other bidders may emerge.Potential rival bidders include information technology services companies and systems integrators such as Danaher and Computer Sciences, as well as Lockheed Martin and Northrop Grumman, Millward said She rates Cogent shares buy, with a $14 price target. 3M makes systems for creating and validating documents like passports,