Net debt of the
acquired company is expected to be approximately SEK65m at the time of entry, which means that the purchase price on a debt-free basis is expected to be approximately SEK110m.
Taronis said the
acquired company also sells industrial gases and welding supply products into the Mexican markets in Baja California and Sonora, through a relationship with one of the largest independent industrial gas operators in the region.
Gulf Pinnacle Logistics (GPL) has heavily invested in the re-branding of its newly
acquired company Century Express, a Dubai-based courier service provider.
The Acquiring Company holds all the shares in the share capital of the
Acquired Company as a consequence of which it shall not be necessary to increase the share capital of ORLEN Upstream upon the moment of merger.
These include having an approved policy regarding financing such operations and ensuring that there are adequate cash flows necessary to repay the loan; whether by the acquiring company, the
acquired company, or the company arising from a merger between two companies.
The IRS also argued that despite the surviving company's liability for the
acquired company's tax obligations, interest netting is a tax attribute, not a tax.
The departure of owners and top executives of an
acquired company may be particularly relevant in cases in which the knowledge contained within the
acquired company is a key asset.
The
acquired company's administrative function may be very compatible with their peers in the new company while the
acquired company's operations team may be totally out of synch.
Often, after an acquisition, the
acquired company creates such a burden on the company that purchased it that the buyer's financial performance deteriorates.
The
acquired company will be renamed Titan Nexus Inc., a wholly owned subsidiary of Titan Electronics Group.
The
acquired company handles more than 150,000 metric tons of metal per year.
The
acquired company is the publisher of five magazines, as well as conferences and online resources for the IT and computer markets.
