Mentor succeeds in Flomerics take-over
The Board of Mentor and the Board of Flomerics have reached an agreement on the terms of a revised and recommended cash offer made by Mentor, to acquire the whole of the issued and to be issued share capital of Flomerics.
SoftwareThe Board of Mentor states that, following the acquisition of 369,783 Flomerics Shares at 122 pence, Mentor holds 7,191,498 Flomerics Shares, representing 31.3% of the existing issued share capital of Flomerics.
Under the revised terms of the Recommended Offer, Flomerics Shareholders will continue to receive, for each Flomerics Share held, 122 pence in cash. The Recommended Offer values the entire issued and to be issued share capital of Flomerics at approximately £30.1 million. The full terms of the Recommended Offer will be set out in the Recommended Offer Document and Form of Acceptance which will be posted to Flomerics Shareholders on 2 July 2008.
Ferrari: Too hot to handle
GeneralThe Italian sports car manufacturer Ferrari is recalling 1'200 cars, as several caught fire.
Titoma with new Country Manager France
EMSEMS-provider Titoma appoints Alain Traverso as Country Manager France.
Foxconn likely to speed up inland move in China
EMSFoxconn is likely to speed up moving production to inner China locations.
Bree completes ISO audit
PCBBree, part of French Cire Group, has successfully completed the ISO TS 16949 audit.

