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BUSINESS BRIEFS.(TO THE POINT)
ELECTRONICS
TCL, Thomson merge TV, DVD ops
China-based TCL will own two-thirds of the money-losing business now and the rest in 18 months, creating the No. 1 TV maker in unit sales, producing 18 mil TVs and generating sales of $3.51 bil a year. Thomson will be TCL's top shareholder. The deal helps TCL avoid anti-dumping laws and lowers manufacturing costs. France's Thomson will focus on higher-margin businesses.
DIVERSIFIED
Fortune to acquire Therma-Tru
The maker of household, office and golf products said it's buying private fiber-glass door maker Therma-Tru for about $925 mil. Fortune Brands expects the buy ...
- Societe Fonciere Lyonnaise Announces First-Half 2004 Results; Further strong...
- Press release article from: Business Wire July 27, 2004 700+ words
PARIS -- Societe Fonciere Lyonnaise -- Following Inmobiliaria Colonial's successful tender...office and retail properties. The Board of Directors of Societe Fonciere Lyonnaise met on 27 July 2004, in the presence of the Chairman...
- S&P Rates Societe Fonciere Lyonnaise BBB+/A-2; Outlook Stable
- Press release article from: PR Newswire September 11, 1997 700+ words
...2' short-term corporate credit ratings to Societe Fonciere Lyonnaise S.A. The outlook is stable. Ratings reflect...1-4420-6670, all of S&P/ CO: Societe Fonciere Lyonnaise S.A. ST: IN: FIN SU: RTG DP -- NYTH062...
- Societe Fonciere Lyonnaise Sells Three Properties to Risanamento.
- Press release article from: Business Wire July 9, 2004 700+ words
...property assets. SFL has elected to be taxed as an SIIC since 2003. SFL is included in the SBF 120 index. Societe Fonciere Lyonnaise is quoted on the Premier Marche of Euronext Paris (ISIN code 0000033409)(Reuters:FLYP.PA) (Bloomberg...
- SOCIETE FONCIERE LYONNAISE : Press Release.
- Press release article from: Business Wire June 9, 2004 700+ words
...property assets. SFL has elected to be taxed as an SIIC since 2003. SFL is included in the SBF 120 index. Societe Fonciere Lyonnaise is quoted on the Premier Marche of Euronext Paris (ISIN code 0000033409) This is a free translation of the...
- S&P Rts Societe Fonciere Lyonnaise BBB+/A-2;Otlk Stbl.
- Press release article from: Business Wire September 11, 1997 700+ words
...today assigned its triple-'B'-plus long-term and 'A-2' short-term corporate credit ratings to Societe Fonciere Lyonnaise S.A. The outlook is stable. Ratings reflect the SFL's high-quality, entirely French property portfolio...
- Inmobiliaria Colonial in Societe Fonciere Lyonnaise sale talks.
- Newspaper article from: Financial News March 18, 2004 700+ words
...Investment Banking have approached Inmobiliaria Colonial, a Spanish property company, as a possible buyer for Societe Fonciere Lyonnaise, a French property company.The two banks were mandated last month by two of SFL's largest shareholders...
- SFL circles $125 million via Barclays.(Societe Fonciere Lyonnaise)
- Newspaper article from: Private Placement Letter November 11, 2002 700+ words
...values. Such factors boded extremely well (and overshadowed an inadvertent rebranding as "SFO" by PPL) for Societe Fonciere Lyonnaise (SFL), a French property manager that saw its deal circle last week. The $125 million placement was upsized...
- SFO out for $100 million via Barclays.(Societe Fonciere Lyonnaise)(Brief...
- Newspaper article from: Private Placement Letter October 28, 2002 700+ words
There's a first time for everything, even for a 123-year old French property manager. Societe Fonciere Lyonnaise (SFO), a Paris-based real estate firm, is in the market with a $100 million placement led by Barclays Capital, sources...