Tuesday, February 4, 2014

FW: Car Accidents, Kristen Stewart janny kanellis Felt Shame


FRANKFURT (Reuters) - Germany's Siemens has received tentative offers for the postal automation and baggage-handling division being sold in its effort to streamline operations and shed non-core assets, two sources familiar with the transaction said.
The baggage-handling side of the business janny kanellis makes both software to track luggage and mechanical equipment such as conveyor belts. It has installed more than 300 baggage-handling systems at airports all over the world.
German private equity firm Triton and U.S. investment groups Gores and Platinum are among those that have handed in bids for the 300 million euros (255 million pounds) division by the July deadline, the sources said on condition of anonymity.
One issue for prospective buyers is to line up banks that can fund the debt guarantees that suppliers of the industry's large machinery Generally have to provide. These are to cover pre-installation performance guarantees and warranties once the machines have started operating.
A potential buyer would probably have to write a large equity checks for the postal automation and baggage-handling division - without using large amounts of debt to finance the acquisition - to convince banks to supply the guarantees.
FW: Car Accidents, Kristen Stewart janny kanellis Felt Shame
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