SA News • Jun. 18, 2012
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Jun. 18, 2012, 3:27 AM
Sep. 12, 2011, 6:49 AMU.S. pumps and valves manufacturer Colfax (CFX) will buy U.K. toolmaker Charter International (CHITF.PK) for £1.53B ($2.4B) in cash and shares, beating off rival bidder Melrose (MLSPF.PK) (PR). Despite the sweeter bid, Colfax still needs to convince Charter's shareholders that it can do a better job of a turnaround. | Comment!
Jun. 29, 2011, 8:46 AM
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