Vacon: VACON : Danfoss and Vacon ready to take over drives market

(4-traders.com) The merger of Danfoss and Vacon has created one of the world's leading players in the AC drives market, says Danfoss president and CEO Niels B. Christiansen. Danfoss announced last September a public tender offer to acquire all of Vacon's shares. By the end of November it had obtained approvals from all the relevant authorities and...http://www.4-traders.com/VACON-OYJ-1412566/news/VACON--Danfoss-and-Vacon-ready-to-take-over-drives-market-20859735/