Potential arms sale to Taiwan could put China’s east coast in the crosshairs

MELBOURNE, Australia — The U.S. State Department’s approval of the potential sales of air- and ground-launched, long-range land-attack missiles is a marked departure from previous American policy of only selling so-called defensive weapons to Taiwan.

This broadens the options for the self-governing island to mount not only a ground-based counterstrike in the event of Chinese ballistic missile attack on Taiwan, but would also enable it to disrupt a potential Chinese invasion by striking ports, air bases and other military targets across the Taiwan Strait.

The U.S. Defense Security Cooperation Agency announced Wednesday that the State Department approved three separate arms packages to Taiwan under the Foreign Military Sales program.

The potential $1.8 billion deal is for 135 Boeing AGM-84H SLAM-ER missiles; 11 Lockheed Martin M142 High Mobility Artillery Rocket Systems; and six sets of Collins Aerospace’s MS-110 multispectral long-range oblique photography pods.

The DSCA notification did not identify the aircraft

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US approves $1.8bn in potential arms sales to Taiwan | Taiwan

The US Department of State has approved the potential sale of three weapons systems to Taiwan, including sensors, missiles and artillery that could have a total value of $1.8bn, the Pentagon said on Wednesday, amid rising tension over the self-ruled island that China claims as its own.

Among other weapons systems, Wednesday’s formal notifications to Congress by the State Department were for 11 truck-based rocket launchers made by Lockheed Martin Corp called a High Mobility Artillery Rocket System (HIMARS), at an estimated cost of $436.1m.

The notifications also covered 135 AGM-84H Standoff Land Attack Missile Expanded Response (SLAM-ER) Missiles and related equipment made by Boeing, for an estimated $1.008bn, and six MS-110 Recce external sensor pods made by Collins Aerospace for jets, at an estimated cost of $367.2m.

A pilot of an F-16 fighter jet attends a military drill at Zhi-Hang Air Base in Taitung, Taiwan [File: Tyrone Siu/Reuters]

Further

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Dutch healthcare firm Mediq put up for sale in potential $1.4 billion deal: sources

FRANKFURT (Reuters) – Dutch medical supplier Mediq has been put up for sale by its private equity owner Advent in a potential 1.2 billion euro ($1.4 billion) deal, sources close to the matter said.

Advent, which is working with Rothschild ROTH.PA and HSBC HSBA.L on the sale, has organised management meetings for prospective buyers, which have been asked to hand in non-binding bids in the first week of November, they said.

Buyout groups such as CVC, Bain, BC Partners, Triton and Pamplona are expected to bid, they added.

Mediq, Advent, the banks and the prospective buyers declined to comment or were not immediately available for comment.

The firm is being marketed off full-year earnings before interest, tax, depreciation and amortization (EBITDA) of about 90 million euros, though some potential bidders are working with assumptions of core earnings closer to 70 million euros, the sources said.

Mediq, which supplies pharmaceuticals and

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Global Duplex Scanners Market Revenue Analysis and Potential Targets (2020-2029)| Acuant, Ambir, PenPower

The MarketWatch News Department was not involved in the creation of this content.

Sep 30, 2020 (WiredRelease via Comtex) —
Opportunity Assessment For Duplex Scanners Market Value Statistics and Facts:

The report contains a thorough overview of the industry’s different facets that are likely to be impacted by the pandemic. Product sales of Duplex Scanners are surging and are expected to continue increasing between 2020 and 2029 time-frame. In addition, the report offers definitive information pertaining to the commercialization aspects, revenue estimation, and market size of the industry.

The study objectives of this market is to strategically examine each submarket with respect to individual growth Trend and Their contribution to the Duplex Scanners Market along with industry experts in mind to maximize return on investment(ROI) by providing clear information needed for informed business decisions. The research report studies the market in a detailed manner by explaining the key facets of

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Boone County seeks voters OK for potential sale of Maple Crest Centre – News – Rockford Register Star

BELVIDERE — Voters in Boone County are being asked whether they want to give the county permission to sell the Maple Crest Care Centre located at 4452 Squaw Prairie Road.

A yes vote will authorize the county to sell the nursing home if officials deem that a sale is in the best interests of taxpayers.

Because Maple Crest was constructed after a 1969 referendum, voter approval is required in order to sell the facility. The referendum allowed the county to issue nearly $1 million in construction bonds and levy a tax for future debt service payments.

Although there is no offer to buy the facility, the county is proactively seeking the necessary authorization to avoid the need to hold a special election in the instance that the facility does go on the

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Potential PG&E blackouts could leave California homes without power until Friday

A dangerous combination of fast winds and low humidity at the height of fire season is expected to prompt power outages for tens of thousands of Northern California homes and businesses starting Wednesday and lasting potentially into Friday.

Pacific Gas and Electric Co. has warned that about 54,000 customers in portions of 24 counties, including most Bay Area counties, will likely face preemptive electricity cuts intended to prevent wildfires caused by wind-damaged power lines.

Generators and other measures deployed by PG&E should keep the lights on for about 12,000 customers that would have otherwise lost power, according to Mark Quinlan, the company’s incident commander.

PG&E officials did not expect to make a final call about shutting off power lines until Wednesday morning. But if the forecast materializes as expected, electricity will go out mainly in two waves later that day, with a third possible on Thursday.

The shut-offs were expected

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Chicago Loop office building for sale after being flagged for potential default

A sale at that price would barely cover the $24.4 million loan a Wilton venture took out in 2017 when it refinanced the property, which is just 60 percent leased, according to a Bloomberg report tied to the debt. The loan was packaged with other mortgages and sold off to bondholders.

The property at the time was appraised at $28.8 million, and the Wilton venture renovated the building in 2018 with a series of projects including a new tenant lounge and fitness center and lobby updates, according to CBRE.

The move to sell the 24-story art deco building comes less than two months after the loan was transferred to a special servicer, normally a red flag to investors in the commercial mortgage-backed securities loan that the owner could default. Net cash flow at the building has fallen well short of what the Wilton venture needed to cover its debt service

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