Company roundup

February 2, 2017 at 12:53AM
Mergers and acquisitions

Ecolab completes deal in France

Ecolab Inc., St. Paul, has closed on the previously announced acquisition of Laboratoires Anios, a maker of hygiene and disinfectant products based in Lille-Hellemmes, France. Total cost of the deal, including satisfaction of outstanding debt, was approximately $800 million.

Dividends

Ameriprise declares dividend

Ameriprise Financial, Minneapolis, has declared a quarterly cash dividend of 75 cents per share payable on Feb. 28 to shareholders of record on Feb. 13.

Personnel

RTI names new CEO

Remote Technologies Inc., Shakopee, has appointed W. Edward McConaghay as its chief executive. McConaghay was most recently an interim CEO and strategic adviser for technology companies through his consulting company, Key Indicators Inc.

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Spencer Platt

The U.S. stock market roared back on Friday, as technology stocks recovered much of their losses from earlier in the week and bitcoin halted its plunge, at least for now.

Attendees of Frostbike made their way through the convention Saturday at the Quality Bike Products campus in Minneapolis. ] (AARON LAVINSKY/STAR TRIBUNE) aaron.lavinsky@startribune.com Frostbike 2016 was held at the Quality Bike Products Campus on Saturday, Feb. 27, 2016 in Bloomington, Minn.
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