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On Friday, Danish industrialist Danfoss A/S announced that it is buying the 24.4% portion of Sauer-Danfoss shares it does not currently own for $58.50 per share, cash. Additionally, before the ...
Sauer-Danfoss (NYS: SHS) carries $54.3 million of goodwill and other intangibles on its balance sheet. Sometimes goodwill, especially when it's excessive, can foreshadow problems down the road.
In 1963, a 7-Eleven store near an Austin, Texas, university began to stay open all night for student shoppers. It was such a success that other stores in the chain adopted the 24/7 hours, and ...
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In 1933 Mads Clausen (1905–1966) founded Dansk Køleautomatik- og Apparatfabrik, later in 1946 the company name was changed to Danfoss.The first product was an expansion valve for refrigeration units, it was developed after studying imported valves from the US.
Danfoss Compressors takes over the production of condensing units from the Danfoss plant in Offenbach, which would be shut down in 1993. Revenue reaches 6.3 billion kroner (1 billion US$ or 846 million euros). 1989: The company delivers its 100 millionth compressor. [1] 1993: Danfoss begins using isobutane as a refrigerant
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Sauer-Danfoss (NYS: SHS) carries $52 million of goodwill and other intangibles on its balance sheet. Sometimes goodwill, especially when it's excessive, can foreshadow problems down the road.
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