Denmark's Danfoss Offers $1.34 Billion for Finland's Vacon

2014-09-23
Denmark's privately-held Danfoss A/S has offered 1.04 billion Euro ($1.34 billion) to buy Finland's Vacon Oyj VAC1V.HE -0.44% as it looks to bolster its power electronics division and create a strong alternative to current competitors, it said Friday.
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