ACQUISITION COMPLETE...
SEATTLE: Attachmate Corporation has announced that the
acquisition of NetIQ Corporation is complete. Based on the
number of shares of NetIQ common stock and common stock options
outstanding on April 27, 2006, the transaction is valued at
approximately US$495 million.
http://www.attachmate.com
SIDLEY AUSTIN...
CHICAGO and NEW YORK: Sidley Austin LLP has named 37 new
partners in four U.S. offices, London and Hong Kong, effective
as of July 1, 2006 and bringing the number of partners at the
firm to 575.
PEABODY ENERGY...
ST. LOUIS: Peabody Energy announced that it has signed a
merger implementation agreement to acquire Excel Coal Limited.
Under the terms of the agreement, Peabody will pay A$8.50 per
share in cash for all outstanding shares, representing a total
acquisition price of approximately US$1.34 billion plus assumed
debt of approximately US$190 million.
http://www.newscom.com/cgi-bin/prnh/20060705/CGW049
http://www.peabodyenergy.com
CAPTAIN CANNAVARO...
DUISBURG: With characteristic good timing, Italy captain
Fabio Cannavaro will make his 100th appearance for his country
in Sunday's World Cup final.
LIPPI HAPPY...
DORTMUND: Italy coach Marcello Lippi was a sleepy but happy
man after Italy sealed their place in the World Cup final with
a stunning extra-time win over tournament hosts Germany on
Tuesday.
ROBBEN APPROACH...
LONDON: English champion Chelsea has asked FIFA to
investigate Real Madrid for making an alleged illegal approach
to sign Dutch winger Arjen Robben.
SIDLEY AUSTIN...
HONG KONG: International law firm Sidley Austin has advised
the acquiror management team in financing the successful "going
private" transaction involving Asia Aluminum Holdings Limited
through which the controlling shareholder and management of
Asia Aluminum acquired 100 per cent of its capital stock and
delisted Asia Aluminum from the Stock Exchange of Hong Kong.
PEPSICO ANNOUNCEMENT...
PURCHASE, N.Y.: PepsiCo announced that Thomas R. Greco, 48,
has been named President - PepsiCo Sales, succeeding Al Carey,
who was named President and CEO of the company's Frito-Lay
North America division on June 26.
http://www.pepsico.com
WATER FOUNDATION...
WIMBLEDON: In London, the sports and entertainment celebrity
spotlight shone on a new worldwide organization dedicated to
ensuring that every human community has access to clean,
sanitary water. A host of international tennis icons gathered
at Wimbledon to introduce the Global Water Foundation, recently
founded by two-time Australian Open Champion and defending
Wimbledon Senior Doubles Champion Johan Kriek.
http://www.globalwaterfoundation.org
FANNIE MAE...
WASHINGTON, D.C.: Fannie Mae will redeem the principal
amount of MTNR securities issues amounting to a total of US$25
million on July 17, 2006 at a redemption price equal to 100 per
cent of the principal amount redeemed plus accrued interest.
http://www.fanniemae.com
NUVERA INSTALLS...
MILAN and CAMBRIDGE, Mass.: Nuvera Fuel Cells, Uhdenora SpA,
and Caffaro SrL announced the successful start up of Nuvera's
Forza fuel cell power module in an installation designed by
Uhdenora. The system, which is fully integrated into Caffaro's
chlorate production plant located in Brescia (Italy),
represents the world's first commercial, large-scale fuel cell
installation in the chlorine and chlorate industry.
http://www.nuvera.com
GLOBELEQ PURCHASES...
HOUSTON: Globeleq, the emerging markets power company, has
announced the completion of the purchase of power assets in
Pakistan and Bangladesh from El Paso Corporation. The purchase
of additional assets in South and Southeast Asia is expected to
close later in 2006.
http://www.newscom.com/cgi-bin/prnh/20040611/DAF004LOGO
http://www.globeleq.com
INVENTOR RECOGNIZED...
SANTA CLARA, Calif.: Marvell, the leader in storage,
communications and consumer silicon solutions, has announced
that Dr. Sehat Sutardja, Chairman, President and CEO of Marvell
Technology Group, has been selected as the Inventor of the Year
by the Silicon Valley Intellectual Property Law Association.
http://www.newscom.com/cgi-bin/prnh/20060705/SFW029
http://www.marvell.com
http://www.svipla.com
GIBSON GUITAR...
NASHVILLE, Tenn.: Gibson Guitar Corp., a leader in the music
products industry has acquired Deutsche Wurlitzer from Nelson
Group Overseas, part of the Nelson Group of Companies based in
Sydney, Australia.
QUARTERLY DIVIDEND...
HAMILTON: W.P. Stewart & Co., Ltd. announced that it has
declared a regular quarterly dividend of US$0.30 per common
share. The dividend is payable on 28 July 2006 to shareholders
of record as of 14 July 2006.
http://www.wpstewart.com
ATMEL ACHIEVES...
SAN JOSE, Calif.: Atmel Corporation, a global leader in the
development and fabrication of advanced semiconductor
solutions, announced that an e-passport implementation based on
the AT90SC12872RCFT contact / contactless secure
microcontroller, has achieved between one to two seconds
recognition cycle in an e-passport reader test.
http://www.atmel.com
http://www.atmel.com/products/SecureAVR
(AsiaNet is a consortium of leading news agencies distributing unedited,
translated news releases for worldwide clients. Visit www.asianetnews.net for
full-text versions.)