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NEWS
March 22, 1999 | DEBORA VRANA, TIMES STAFF WRITER
U.S. Filter Corp., the world's leading water and waste-water treatment company, on Sunday was negotiating a deal to be acquired by Vivendi, a leading French industrial group, sources said. Officials at U.S. Filter did not return phone calls seeking comment. Sources said a deal could be announced as early as today. On Wednesday, shares of U.S. Filter rose 20% to close at $29.94 a share in a flurry of trading on rumors that the company was a takeover candidate.
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NEWS
March 22, 1999 | DEBORA VRANA, TIMES STAFF WRITER
U.S. Filter Corp., the world's leading water and waste-water treatment company, on Sunday was negotiating a deal to be acquired by Vivendi, a leading French industrial group, sources said. Officials at U.S. Filter did not return phone calls seeking comment. Sources said a deal could be announced as early as today. On Wednesday, shares of U.S. Filter rose 20% to close at $29.94 a share in a flurry of trading on rumors that the company was a takeover candidate.
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BUSINESS
November 21, 1997 | Bloomberg News
Palm Desert-based U.S. Filter Corp. said it boosted its offer to buy the 94.8% of Memtec Ltd. shares it doesn't own to $36 a share, an offer accepted by Memtec directors. The bid, raised from $34.50 a share, values the company at about $380 million. It's the second time U.S. Filter has raised its bid for Memtec, based in Sydney, Australia. U.S. Filter wants Memtec's Memcor municipal water filtration system, which cleans water cheaply.
BUSINESS
November 13, 1998 | Bloomberg News
Unit Instruments Inc., a Yorba Linda-based maker of computer-chip equipment parts, said it agreed for a second time to reduce the price at which it will be acquired by U.S. Filter Corp. Under the new terms, U.S. Filter, the No. 1 water-treatment company, will pay between $8 and $10 in stock for each Unit Instruments share, or a maximum of about $40 million. That's down from $11.03 in stock for each Unit Instruments share, or $44 million, in the previous agreement, announced Aug. 5.
BUSINESS
October 3, 1997 | Bloomberg News
U.S. Filter Corp. said it completed 19 acquisitions at a total cost of $215 million during its fiscal second quarter, adding new technologies and products. The Palm Desert-based manufacturer of treatment systems for water and waste water said the acquisitions, completed in the quarter ended Tuesday, add 58 locations to its existing network of 525 sales and service locations and 73 manufacturing plants worldwide.
BUSINESS
November 13, 1998 | Bloomberg News
Unit Instruments Inc., a Yorba Linda-based maker of computer-chip equipment parts, said it agreed for a second time to reduce the price at which it will be acquired by U.S. Filter Corp. Under the new terms, U.S. Filter, the No. 1 water-treatment company, will pay between $8 and $10 in stock for each Unit Instruments share, or a maximum of about $40 million. That's down from $11.03 in stock for each Unit Instruments share, or $44 million, in the previous agreement, announced Aug. 5.
BUSINESS
August 6, 1998 | Bloomberg News
U.S. Filter Corp., the No. 1 water-treatment company, cut its purchase price for computer chip-equipment parts maker Unit Instruments Inc. to $44 million from $50.5 million amid a weak semiconductor market. U.S. Filter will pay $11.03 in stock for each share of Unit, Unit said. That's down from $12.62 a share in the original purchase agreement from July 2. Yorba Linda-based Unit Instruments had about 4 million shares outstanding as of March 31. U.S.
BUSINESS
October 6, 1998 | Bloomberg News
U.S. Filter Corp. won a contract worth $140 million to build and operate a water-treatment center for the city of Honolulu, Oahu's first such plant. Palm Desert-based U.S. Filter, a maker of water and waste-water treatment systems for clients worldwide, will build the 12-million-gallon-a-day water facility and run it for 20 years. Some of the water will be sold to power and oil-refining companies.
BUSINESS
September 19, 1997 | (Bloomberg News)
Memtec Ltd., an Australian-based filtration products company, rejected a $330-million takeover bid from Palm Desert-based U.S. Filter Corp. as "opportunistic and woefully inadequate." Memtec American depositary receipts rose $9.50 to close at $34.13 in Nasdaq trading of 3.01 million shares, more than 26 times the three-month daily average. The rise indicates that investors expect U.S. Filter will have to boost its bid. U.S. Filter shares fell 94 cents to close at $40.81 in trading of 1.
BUSINESS
July 3, 1998 | JOHN O'DELL, TIMES STAFF WRITER
Unit Instruments Inc., which makes parts for semiconductor manufacturing equipment, said Thursday it has signed an agreement to be acquired by U.S. Filter Corp. in a stock transaction valued at $50.5 million. Palm Desert-based U.S. Filter will pay $12.62 in stock for each share of Unit--a 40% premium over Thursday's closing price of $9 a share. The agreement was announced after the U.S. markets closed. Unit, based in Yorba Linda, will become a subsidiary of U.S. Filter's USF Kinetics group.
BUSINESS
October 6, 1998 | Bloomberg News
U.S. Filter Corp. won a contract worth $140 million to build and operate a water-treatment center for the city of Honolulu, Oahu's first such plant. Palm Desert-based U.S. Filter, a maker of water and waste-water treatment systems for clients worldwide, will build the 12-million-gallon-a-day water facility and run it for 20 years. Some of the water will be sold to power and oil-refining companies.
BUSINESS
August 6, 1998 | Bloomberg News
U.S. Filter Corp., the No. 1 water-treatment company, cut its purchase price for computer chip-equipment parts maker Unit Instruments Inc. to $44 million from $50.5 million amid a weak semiconductor market. U.S. Filter will pay $11.03 in stock for each share of Unit, Unit said. That's down from $12.62 a share in the original purchase agreement from July 2. Yorba Linda-based Unit Instruments had about 4 million shares outstanding as of March 31. U.S.
BUSINESS
July 3, 1998 | JOHN O'DELL, TIMES STAFF WRITER
Unit Instruments Inc., which makes parts for semiconductor manufacturing equipment, said Thursday it has signed an agreement to be acquired by U.S. Filter Corp. in a stock transaction valued at $50.5 million. Palm Desert-based U.S. Filter will pay $12.62 in stock for each share of Unit--a 40% premium over Thursday's closing price of $9 a share. The agreement was announced after the U.S. markets closed. Unit, based in Yorba Linda, will become a subsidiary of U.S. Filter's USF Kinetics group.
BUSINESS
February 10, 1998 | DEBORA VRANA, TIMES STAFF WRITER
U.S. Filter Corp., continuing its aggressive strategy to acquire rivals in the water-treatment industry, agreed Monday to buy Culligan Water Technologies Inc. for about $1.5 billion in stock. The purchase would be the latest and largest in a slew of acquisitions by U.S. Filter, a Palm Desert-based provider of water-treatment devices and services that has bought 100 companies in the last seven years, including about 60 in just the last 12 months. If completed, the deal with Culligan would give U.
BUSINESS
November 21, 1997 | Bloomberg News
Palm Desert-based U.S. Filter Corp. said it boosted its offer to buy the 94.8% of Memtec Ltd. shares it doesn't own to $36 a share, an offer accepted by Memtec directors. The bid, raised from $34.50 a share, values the company at about $380 million. It's the second time U.S. Filter has raised its bid for Memtec, based in Sydney, Australia. U.S. Filter wants Memtec's Memcor municipal water filtration system, which cleans water cheaply.
BUSINESS
October 3, 1997 | Bloomberg News
U.S. Filter Corp. said it completed 19 acquisitions at a total cost of $215 million during its fiscal second quarter, adding new technologies and products. The Palm Desert-based manufacturer of treatment systems for water and waste water said the acquisitions, completed in the quarter ended Tuesday, add 58 locations to its existing network of 525 sales and service locations and 73 manufacturing plants worldwide.
BUSINESS
September 17, 1996 | JAMES F. PELTZ, TIMES STAFF WRITER
U.S. Filter Corp., relentlessly pursuing an acquisition binge to be the global leader in municipal and industrial water treatment, agreed Monday to buy the industrial water treatment unit of Wheelabrator Technologies Inc. for $385 million in cash. The purchase would be only the latest in a flurry of takeovers by U.S. Filter, a Palm Desert-based provider of water treatment machinery and services that has bought more than 40 similar companies since 1990, including several this year.
BUSINESS
February 10, 1998 | DEBORA VRANA, TIMES STAFF WRITER
U.S. Filter Corp., continuing its aggressive strategy to acquire rivals in the water-treatment industry, agreed Monday to buy Culligan Water Technologies Inc. for about $1.5 billion in stock. The purchase would be the latest and largest in a slew of acquisitions by U.S. Filter, a Palm Desert-based provider of water-treatment devices and services that has bought 100 companies in the last seven years, including about 60 in just the last 12 months. If completed, the deal with Culligan would give U.
BUSINESS
September 19, 1997 | (Bloomberg News)
Memtec Ltd., an Australian-based filtration products company, rejected a $330-million takeover bid from Palm Desert-based U.S. Filter Corp. as "opportunistic and woefully inadequate." Memtec American depositary receipts rose $9.50 to close at $34.13 in Nasdaq trading of 3.01 million shares, more than 26 times the three-month daily average. The rise indicates that investors expect U.S. Filter will have to boost its bid. U.S. Filter shares fell 94 cents to close at $40.81 in trading of 1.
BUSINESS
September 17, 1996 | JAMES F. PELTZ, TIMES STAFF WRITER
U.S. Filter Corp., relentlessly pursuing an acquisition binge to be the global leader in municipal and industrial water treatment, agreed Monday to buy the industrial water treatment unit of Wheelabrator Technologies Inc. for $385 million in cash. The purchase would be only the latest in a flurry of takeovers by U.S. Filter, a Palm Desert-based provider of water treatment machinery and services that has bought more than 40 similar companies since 1990, including several this year.
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