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Cooper and Apollo merger on track to close after receiving U.S. and foreign regulatory clearance

FINDLAY, Ohio - Saturday, August 31st 2013 [ME NewsWire]

(BUSINESS WIRE)-- Cooper Tire & Rubber Company (NYSE: CTB) today announced it has filed a definitive proxy statement with the U.S. Securities and Exchange Commission and scheduled a special meeting of stockholders for September 30, 2013 at 10 a.m. Eastern to consider and vote on the previously announced merger with a subsidiary of Apollo Tyres Ltd (NSE: ApolloTYRE).

Cooper stockholders of record as of the close of business August 30, 2013 are entitled to vote at the special meeting, which will take place at the law offices of Jones Day, 901 Lakeside Ave., North Point, Cleveland, Ohio 44114.

Cooper Chairman, Chief Executive Officer and President Roy Armes said, "Having already received the U.S. and foreign regulatory clearance necessary to close the transaction, we are pleased to announce another step t ... Read more »
Views: 312 | Added by: africa-live | Date: 09.01.2013

Contributes to reducing standby power of mobile devices

TOKYO - Saturday, August 31st 2013 [ME NewsWire]

(BUSINESS WIRE)-- Toshiba Corporation (TOKYO:6502) today announced that it has launched an 800V bipolar transistor for switching power supplies of mobile devices that can contribute to reducing standby power. Shipping of mass production products will start from today.

There is typically a trade-off between blocking voltage and DC current gain (hFE). By applying the latest fine pattern technology, the new product achieves both high collector-emitter voltage (VCEO = 800V) and high DC current gain (hFE = 100-200), which contributes to reducing standby power of mobile devices.

Outline of the new product

Part Number




     &nbs ... Read more »
Views: 289 | Added by: uaeonlinenews | Date: 09.01.2013


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