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Tetra Pak acquires process engineering group from Downer EDI

Tetra Pak announced earlier that it has acquired the assets of two specialised food processing companies, Downer MBL Pty Ltd and Downer MBL, from Australian-based Downer EDI.

Zintel Group Limited Acquires Commspec From Downer EDI Engineering Limited

Zintel Group Limited announced the conditional acquisition of the business and assets of Commspec (NZ) Limited from Downer EDI Engineering Limited, a wholly owned subsidiary of Downer EDI Ltd. Terms of the transaction were not disclosed.

Downer EDI rises on contract wins

DOWNER EDI said today it has secured more than $800 million of contracts in recent months, sending its shares higher.

Downer EDI appoints directors

Downer EDI Ltd has appointed Michael Harding and Annabelle Chaplain as non-executive directors from July 1, 2008.

Downer EDI finishes $390m refinancing

Downer EDI has completed refinancing of its oversubscribed Australian dollar syndicated loan facility.

Downer EDI up on mining contract wins

Engineering service provider Downer EDI has won over $800 million of contracts over recent months to build and maintain telecommunications and power infrastructure and provide services to the mining industry.

Downer EDI wins $800m in new dealsStrong conditions boost engineering firm in key operating sectors. 11:43 AM

Engineering service provider Downer EDI Ltd has won over $800 million of contracts over recent months to build and maintain telecommunications and power infrastructure and provide services to the mining industry.

Downer EDI completes syndicated loan refinancing

Sydney, May 26, 2008 (RWE via COMTEX) -- IPIVF | Quote | Chart | News | PowerRating -- (RWE Aust Business News) Downer EDI (ASX:DOW) has completed refinancing its syndicated loan facility.

Downer EDI selects ClickSoftware for optimized mobile workforce management

ClickSoftware Technologies, a provider of mobile workforce solutions, has announced an agreement to provide products and related services to Downer EDI Engineering, a provider of engineering services across Australia, New Zealand and the Greater Asia Pacific region.

AXA buys 5.2m Downer EDI shares

AXA Asia Pacific bought a net 5,235,748 Downer EDI shares between August 17 and June 6, increasing from 23,400,038 shares (7.29%) to 28,635,786 shares (8.81%).

Franklin Resources below 5% in Downer EDI

Franklin Resources sold down to below 5% in Downer EDI on May 8, ceasing to be a substantial shareholder.

MIR Investment Management buys 19.6m Downer EDI shares

MIR Investment Management bought 19,644,996 Downer EDI shares for $137,136,423 to July 3, becoming a substantial shareholder with 19,644,996 shares (6.04%).

Colonial First State has 5.3% in Downer EDI

Colonial First State Investments became a substantial shareholder in Downer EDI with 17,074,889 shares (5.25%) on May 13.

EDI's bad times are over, says Knox

Geoff Knox, the CEO of Downer EDI has conducted his second market briefing since starting in February 2008. The 11 June briefing stated that the company is healthy and that the misadventures of its rail and mining divisions in 2007 are over. Most analysts received the news positively but some felt that it was light on detail, did not include growth targets and did not include expected divestments. Knox said it is unlikely that any assets will be sold in the "immediate or medium terms"

iPhone 3G improved, but still flawed, say reviewers

Battery life, coverage limitations, and expensive service plans are a downer. But despite this, the iPhone 3G is a "nice upgrade" and will "delight" users.

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