SP's MAI October 01-15, 2011 - Corporate Updates
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CORPORATE
MDL joint venture put on hold
By Vishal ThaparCorporate rivalry forces joint venture between India’s biggest state-owned warship builder, Mazagon Docks Ltd, and the private sector Pipavav to be put on hold.
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CORPORATE
United Technologies to acquire GoodrichUnited Technologies Corp. announced it has reached agreement to purchase Goodrich Corporation for $127.50 per share in cash. This equates to a total enterprise value of $18.4 billion, including $1.9 billion in net debt assumed.
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CORPORATE
Lockheed Martin aquires QTC HoldingsLockheed Martin Corporation has completed its acquisition of QTC Holdings Inc. The company, based in Diamond Bar, California, is the largest provider of outsourced medical evaluation services to the US Department of Veterans Affairs (VA), processing more than 4,50,000 evaluations last year.