Advertisement
YOU ARE HERE: LAT HomeCollectionsSiebe Plc
IN THE NEWS

Siebe Plc

FEATURED ARTICLES
BUSINESS
November 15, 1994 | GREG JOHNSON, TIMES STAFF WRITER
Triconex Corp. said Monday it has agreed to be acquired by Siebe PLC, Britain's largest engineering company, for $17.75 a share, or about $90 million. Triconex, based in Irvine, makes safety shutdown systems for the chemical, refining, oil and gas production and utility industries. Siebe makes industrial and electronic equipment such as process and safety controls. Triconex's board of directors voted unanimously to accept Siebe's cash tender offer.
ARTICLES BY DATE
BUSINESS
June 4, 1998 | Times Wire Services
Less than two months after being acquired by British engineering group Siebe PLC, Simulation Sciences Inc. said Wednesday that two top executives have resigned. The departing executives are Charles R. Harris, president and chief executive, and Robert E. Grice Jr., chief financial officer. Siebe, one of Britain's largest engineering and electronics firms, named industry veteran Lawrence M. Gozzard to succeed Harris as president of the Brea software supplier.
Advertisement
BUSINESS
February 25, 1998 | P.J. HUFFSTUTTER, TIMES STAFF WRITER
Automation software maker Wonderware Corp., on the rebound from a two-year slump, said Tuesday that it is being bought for $375 million in cash by one of Britain's largest engineering and electronics firms. Siebe PLC will pay $24 a share for Irvine-based Wonderware--50% more than Monday's closing price. Wall Street embraced the news, pushing the company's stock up nearly 48%, or $7.63 a share, to $23.63 on the Nasdaq market. More than 3.
BUSINESS
May 20, 1998 | Dow Jones
British engineering group Siebe PLC has completed its acquisition of Brea software supplier Simulation Sciences for $145.5 million cash. Simulation becomes part of Foxboro Co., a Siebe division in Massachusetts that develops industrial automation software and hardware.
BUSINESS
April 16, 1998 | LESLIE EARNEST, SPECIAL TO THE TIMES
Software supplier Simulation Sciences said Wednesday it agreed to be purchased by the British engineering group Siebe PLC for $145.5 million cash. Siebe is paying $10 a share for the commercial software supplier, a 19% premium over Tuesday's closing price of $8.06. Simulation Sciences closed Wednesday at $9.81, up $1.75. Nearly 9.3 million shares changed hands in Nasdaq trading, about 38 times the average daily volume. Siebe is buying a struggling company.
BUSINESS
May 20, 1998 | Dow Jones
British engineering group Siebe PLC has completed its acquisition of Brea software supplier Simulation Sciences for $145.5 million cash. Simulation becomes part of Foxboro Co., a Siebe division in Massachusetts that develops industrial automation software and hardware.
BUSINESS
January 13, 1995
Triconex Corp.--Triconex Corp. of Irvine was sold in December to Siebe Plc, an engineering company in Great Britain. A Jan. 9 chart of stock prices for Orange County's largest companies incorrectly listed Triconex as having lost all its value, when it had actually been sold.
BUSINESS
March 20, 1998 | Dow Jones
The previously announced purchase of accounting software maker Wonderware Corp. by Great Britain's Siebe Plc at $24 per share has cleared the federal antitrust waiting period, the companies said. Siebe's tender offer for Wonderware common stock expires April 3.
BUSINESS
March 3, 1998 | Dow Jones
British engineering and electronics firm Siebe PLC began its $24-a-share tender offer Monday for Irvine-based software maker Wonderware Corp. The offer, set to expire at 9 p.m., requires that a majority of the outstanding shares of Wonderware stock be tendered. Wonderware's board unanimously approved the offer, which was announced last week. Wonderware would become a wholly owned division of Siebe.
BUSINESS
April 16, 1998 | LESLIE EARNEST, SPECIAL TO THE TIMES
Software supplier Simulation Sciences said Wednesday it agreed to be purchased by the British engineering group Siebe PLC for $145.5 million cash. Siebe is paying $10 a share for the commercial software supplier, a 19% premium over Tuesday's closing price of $8.06. Simulation Sciences closed Wednesday at $9.81, up $1.75. Nearly 9.3 million shares changed hands in Nasdaq trading, about 38 times the average daily volume. Siebe is buying a struggling company.
BUSINESS
March 20, 1998 | Dow Jones
The previously announced purchase of accounting software maker Wonderware Corp. by Great Britain's Siebe Plc at $24 per share has cleared the federal antitrust waiting period, the companies said. Siebe's tender offer for Wonderware common stock expires April 3.
BUSINESS
March 3, 1998 | Dow Jones
British engineering and electronics firm Siebe PLC began its $24-a-share tender offer Monday for Irvine-based software maker Wonderware Corp. The offer, set to expire at 9 p.m., requires that a majority of the outstanding shares of Wonderware stock be tendered. Wonderware's board unanimously approved the offer, which was announced last week. Wonderware would become a wholly owned division of Siebe.
BUSINESS
February 25, 1998
Automation software maker Wonderware Corp., which is rebounding from a two-year slump, said it is being bought for $375 million in cash by one of Britain's largest engineering and electronics firms. Siebe agreed to pay $24 a share for Irvine-based Wonderware--50% more than Monday's closing price. The stock surged $7.63 a share on Tuesday, closing at $23.63 on Nasdaq. The announcement surprised analysts, who said Wonderware had not been looking for a buyer.
BUSINESS
February 25, 1998 | P.J. HUFFSTUTTER, TIMES STAFF WRITER
Automation software maker Wonderware Corp., on the rebound from a two-year slump, said Tuesday that it is being bought for $375 million in cash by one of Britain's largest engineering and electronics firms. Siebe PLC will pay $24 a share for Irvine-based Wonderware--50% more than Monday's closing price. Wall Street embraced the news, pushing the company's stock up nearly 48%, or $7.63 a share, to $23.63 on the Nasdaq market. More than 3.
BUSINESS
January 13, 1995
Triconex Corp.--Triconex Corp. of Irvine was sold in December to Siebe Plc, an engineering company in Great Britain. A Jan. 9 chart of stock prices for Orange County's largest companies incorrectly listed Triconex as having lost all its value, when it had actually been sold.
BUSINESS
January 3, 1995
British engineering company Siebe PLC said it has completed its previously announced $90-million acquisition of Triconex Corp. Triconex is an Irvine-based maker of safety shut-down systems for the chemical, refining and utility industries. The company will become part of Siebe's control-systems division. About 90 of Triconex's 280 employees work in Orange County. The companies have said that no layoffs are anticipated. Siebe said it completed its offer for Triconex shares Dec. 19.
BUSINESS
June 4, 1998 | Times Wire Services
Less than two months after being acquired by British engineering group Siebe PLC, Simulation Sciences Inc. said Wednesday that two top executives have resigned. The departing executives are Charles R. Harris, president and chief executive, and Robert E. Grice Jr., chief financial officer. Siebe, one of Britain's largest engineering and electronics firms, named industry veteran Lawrence M. Gozzard to succeed Harris as president of the Brea software supplier.
BUSINESS
January 3, 1995
British engineering company Siebe PLC said it has completed its previously announced $90-million acquisition of Triconex Corp. Triconex is an Irvine-based maker of safety shut-down systems for the chemical, refining and utility industries. The company will become part of Siebe's control-systems division. About 90 of Triconex's 280 employees work in Orange County. The companies have said that no layoffs are anticipated. Siebe said it completed its offer for Triconex shares Dec. 19.
BUSINESS
November 15, 1994 | GREG JOHNSON, TIMES STAFF WRITER
Triconex Corp. said Monday it has agreed to be acquired by Siebe PLC, Britain's largest engineering company, for $17.75 a share, or about $90 million. Triconex, based in Irvine, makes safety shutdown systems for the chemical, refining, oil and gas production and utility industries. Siebe makes industrial and electronic equipment such as process and safety controls. Triconex's board of directors voted unanimously to accept Siebe's cash tender offer.
Los Angeles Times Articles
|