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Tag Archives: Koch Industries
Guardian Glass Sells Plants in Russia
Guardian Glass has sold its business in Russia, which included two glass plants employing approximately 600 people. The purchaser is a private enterprise in the construction industry. Dave Robertson, president and COO of Koch Industries, parent company of Guardian Glass, … Continue reading
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Tagged FSK Group, Guardian Glass, Koch Industries, Russia, Ukraine
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Koch Industries Subsidiary Shutting Down Plants in Russia
Koch Industries is asking employees of one of its subsidiaries, Guardian Glass, to shut down two plants in Russia. Koch and Guardian say they are working on an exit strategy to ensure the safety of plant employees. Click here to … Continue reading
Posted in glassBYTEs Headlines
Tagged auto glass, Guardian Glass, Koch Industries, Russia, Ukraine, windshields
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Solera Holdings Reports Net Loss in Part Due to Pending Deal to Go Private
Tony Aquila, Solera Holdings founder, chairperson and CEO, did not answer any questions or talk about the company’s future outlook during the conference call late last week, which discussed fiscal-year first-quarter sales. Because the company is set to go private, the company sees no need, said Aquila. Continue reading
Solera Holdings Schedules Special Stockholders Meeting
Solera Holdings, parent company to LYNX Services, GTS and Glaxis, is moving forward with its plan to go private. It has scheduled a special stockholders meeting for December 8, 2015 at 8 a.m. Central Time, at the Grand Hyatt DFW at Dallas/Fort Worth International Airport to hold a vote on the deal. Continue reading
Solera Holdings to Go Private
Solera Holdings, parent company to LYNX Services, GTS and Glaxis, will operate as a privately-owned company once Vista Equity Partners, Koch Industries and Goldman, Sachs & Co., close the deal to acquire 100 percent of the outstanding shares of Solera common stock for $55.85 per share in cash, according a newly filed U.S. Securities and Exchange Commission (SEC) document. Continue reading
UPDATED: Vista Equity Partners to Acquire Solera Holdings
Vista Equity Partners will acquire Solera Holdings in a transaction valued at $6.5 billion, which includes Solera’s existing debt. Other investors include an affiliate of Koch Equity Development LLC, which is the investment and acquisition subsidiary of Koch Industries Inc., and an affiliate of Goldman, Sachs & Co. Continue reading
HOT NEWS: Vista Equity Partners to Acquire Solera Holdings
Vista Equity Partners will acquire Solera Holdings in a transaction valued at $6.5 billion, which includes Solera’s existing debt. Other investors include an affiliate of Koch Equity Development LLC, which is the investment and acquisition subsidiary of Koch Industries Inc., and an affiliate of Goldman, Sachs & Co. Continue reading