On Friday, Shares of Ecolab Inc. (NYSE:ECL), lost -0.11% to $109.99.
Ecolab Inc., has been named to the 2015 Dow Jones Sustainability Indices (DJSI) North America index.
“We are honored to be named to the 2015 DJSI North America index, a highly regarded benchmark of sustainability leadership,” said Ecolab Chairman and CEO Douglas M. Baker, Jr. “This recognition is a result of our associates’ work every day to make the world cleaner, safer and healthier – within our own operations and by assisting customers at more than one million locations meet their sustainability and operational aims.”
The annual Dow Jones Sustainability Indices are based on a thorough analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk administration, branding, climate change mitigation, supply chain standards and labor practices.
Ecolab Inc. provides water, hygiene, and energy technologies and services for customers worldwide. The company operates in four segments: Global Industrial, Global Institutional, Global Energy, and Other.
Shares of Equinix Inc (NASDAQ:EQIX), inclined 1.57% to $289.62, during its last trading session.
Equinix, declared that acting through its Japanese partner it has commenced a cash tender offer for all issued and outstanding shares of Tokyo-based Bit-isle Inc. (President and CEO: Kohei Terada, TSE: 3811). The offer price is JPY922 per share, in an all cash transaction totaling 33.3 billion Japanese Yen or about $280 million U.S. dollars. The tender offer period is predictable to run from September 9, 2015 to October 26, 2015, unless the tender offer period is extended. The offer is conditioned on, among other things, the tender by Bit-isle shareholders of more than 66 2/3% of the Bit-isle shares. If the conditions to the tender offer are satisfied, Equinix will move forward to acquire any remaining shares under Japanese corporate law and anticipates to complete the acquisition of Bit-isle by early 2016. The Board of Directors of Bit-isle has agreed to endorse the tender offer. Additionally, the major shareholders of Bit-isle, Warehouse Terrada, Mr. Kohei Terada and Mr. Yasunobu Terada, have agreed to tender all of their shares, representing 29.74% of Bit-isle shares on a fully diluted basis.
The acquisition of Bit-isle will further strengthen Equinix’s position in Asia-Pacific—the company’s fastest growing region—improve the company’s market position in Japan, and assist meet growing demand for interconnection among Japanese businesses. With Bit-isle, Equinix will have strong local expertise to assist drive success in Japan.
Equinix, Inc. is a publicly owned real estate investment trust. It provides data center services to protect and connect the information assets for the enterprises, financial services companies, and content and network providers primarily in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.
At the end of Friday’s trade, Shares of Dot Hill Systems Corp. (NASDAQ:HILL), gained 0.10% to $9.71.
Dot Hill Systems Corp., declared it is a sponsor of the IBC Conference, September 10-14 in Amsterdam. Dot Hill will be exhibiting its enterprise-class AssuredSAN(R) hybrid arrays, featuring its RealStor(TM) real-time operating system. Attendees are invited to visit Hall 6-A16 to learn how these low-cost, high-performance reliable systems can support the broadcast, digital archiving and digital asset administration challenges of the media and entertainment (M&E) industry especially with 4K workflows.
Dot Hill Systems Corp. designs, manufactures, and markets a range of software and hardware storage systems for the entry and mid-range storage markets worldwide. Its storage solutions comprise of integrated hardware, firmware, and software products employing a modular system that allows end-users to add various protocol, performance, capacity, or data protection schemes.
Finally, Flowers Foods, Inc. (NYSE:FLO), ended its last trade with 0.41% gain, and closed at $24.22.
Flowers Foods, declared a definitive agreement to acquire Alpine Valley Bread Company, a family-owned producer of certified organic and all natural breads in the U.S., for $120 million in cash and stock. The acquisition, which is subject to regulatory approval and customary closing conditions, is predictable to be accomplished in the fourth quarter.
Alpine Valley Bread Company was founded in 1997 by the Wood family with a vision to bake bread that was nutritious, organic, and flavorful, free from artificial ingredients. Their philosophy was simple: great bread made with whole grains, salt, yeast, water, and honey. From its first bakery in a strip mall in Mesa, Ariz., Alpine Valley has grown to serve national retail grocers, specialty healthy living stores, and club retailers. Their product line comprises Super Grains, 21 Whole Grains, Multi Grain Omega -3, Sprouted Wheat with Flaxseed and other breads that are USDA Organic certified, Non-GMO Project verified, and kosher certified.
The company employs 282 and operates two bakeries in Mesa. Once the transaction is complete, Alpine will operate as an independent partner of Flowers.
Flowers Foods, Inc. produces and markets bakery products in the United States. It operates through two segments, Direct-Store-Delivery (DSD) and Warehouse Delivery. The DSD segment produces and mar
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