Sydney--28 Dec--Asianet/InfoQuest
ACQUISITION COMPLETED...HICKORY, North Carolina: CommScope, Inc. announced that it has completed its acquisition of Andrew Corporation for a totalpurchase price of approximately US$2.65 billion. Andrew will become a wholly-owned subsidiary of CommScope. www.commscope.com FANNIE MAE...WASHINGTON, D.C.: Fannie Mae will redeem the principal amount of FINP, FINS, MTN and MTNR securities issues on January7, 2008 at a redemption price equal to 100 per cent of the principal amount redeemed plus accrued interest. www.fanniemae.com KONE WINS...SYDNEY: KONE has received a major order to supply all elevators and escalators for a new multi-purpose development inPerth, Australia. The building, better known as 'One40William' is being built on the new Mandurah Line underground CityStation, with two of the escalators rising from the station into the building's main lobby. www.kone.com AsiaNet is a consortium of leading news agencies distributing unedited, translated news releases for worldwideclients. Visit www.asianetnews.net for full-text versions.