January 5, 2009

SPX CORPORATION: Italian Unit Pays EUR1.2Mln for Bribery Claims

COMPANIES: SPX Corp
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SPX Corp.’s Italian subsidiary, SPX Cooling Technologies Italia S.p.A., in October 2008, made EUR1.2 million in payment in line with the remaining allegations for acts of bribery, according to its latest Quarterly Report on Form 10-Q filed with the U.S.…

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TOPICS: Commercial Services | Earnings | Legal Issues, Litigation | Loans & Financing | SEC-Qtrly, Annual Reports | Securities & Exch Comm, US
LOCATIONS: Italy | North Carolina | United States