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Wood River Oil and Refining Company was renamed Koch Industries in 1968 in honor of Fred Koch, the year after his death. [ 27 ] [ 28 ] At that time, it was primarily an engineering firm with a 35% interest in Great Northern Oil Company, which owned the Pine Bend Refinery in Minnesota, a crude oil-gathering system in Oklahoma, [ 16 ] and some ...
It was announced on November 13, 2005 that Georgia-Pacific would be acquired by Koch Industries. [3] [7] On December 23, 2005, Koch Industries finalized the $21 billion acquisition of Georgia-Pacific. Georgia-Pacific was removed from the NYSE (it had traded under the symbol GP) and shareholders surrendered their shares for about $48 per share. [8]
The company was given the trademarked name INVISTA and was then sold to privately owned Koch Industries on April 30, 2004 for US$4.2 billion. [ 3 ] [ 4 ] Koch Industries combined the newly acquired organization with their KoSa subsidiary to complete the INVISTA company.
Koch was lead investor last year in a $1.5 billion investment, wherein the company indicated that it was a step before going public. Koch Industries acquires Infor in deal pegged at nearly $13B ...
OCI Global, the Dutch parent of Iowa Fertilizer Co., said Monday it sold 100% equity interest of the Wever plant to Koch Ag & Energy Solutions, a Koch Industries company, for $3.6 billion.
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Infor is a multinational company headquartered in New York City [7] that provides industry specific, enterprise software licensed for use on premises or as a service. [8] [9] [10]
Billionaire industrialist David Koch is retiring from his role at Koch Industries and associated companies due to health reasons, CNBC reported on Tuesday.