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XPO Logistics Acquires Norbert Dentressangle

XPO Logistics, Inc. (“XPO”) today announced that it has consummated the previously announced agreement to purchase all of the shares of Norbert Dentressangle SA held by Mr. Norbert Dentressangle and his family, representing 67% of the company`s outstanding shares, at a price of 217.50 euros per share.  Bradley Jacobs, chairman and chief executive officer of XPO Logistics, said, “We`re delighted to welcome the customers, employees and suppliers of Norbert Dentressangle to XPO. This combination is an important step in the continued execution of our growth strategy.”

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Wednesday
Aug012012

Chart Industries to Acquire AirSep Corporation

Chart Industries has entered into a definitive agreement to acquire AirSep Corporation for $170 million in cash and up to $10 million in assumed debt. The transaction also includes senior management retention arrangements to ensure business continuity.

“The acquisition of AirSep is an excellent fit into Chart’s overall gas processing business,” stated Sam Thomas, Chairman, CEO and President of Chart Industries. “It strengthens our BioMedical Group’s oxygen concentrator business and provides a growth platform for on-site air separation gas generation. The acquisition also represents an attractive and stable complement to our large and rapidly growing energy business, including LNG liquefaction and transportation opportunities.”

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