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	<title>PR Hub &#187; Global Safety Textiles</title>
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	<pubDate>Thu, 01 Oct 2009 15:13:21 +0000</pubDate>
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		<title>GST Receives Proposal from WL Ross &amp; Co.</title>
		<link>http://blog.taragana.com/pr/gst-receives-proposal-from-wl-ross-co-3910/</link>
		<comments>http://blog.taragana.com/pr/gst-receives-proposal-from-wl-ross-co-3910/#comments</comments>
		<pubDate>Tue, 07 Jul 2009 05:00:00 +0000</pubDate>
		<dc:creator>Prne</dc:creator>
		
		<category><![CDATA[Acquisitions / Mergers / Takeovers]]></category>

		<category><![CDATA[Auto]]></category>

		<category><![CDATA[Auto and Transportation]]></category>

		<category><![CDATA[Investors]]></category>

		<category><![CDATA[Germany]]></category>

		<category><![CDATA[Global Safety Textiles]]></category>

		<category><![CDATA[Greensboro]]></category>

		<category><![CDATA[North carolina]]></category>

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		<description><![CDATA[GREENSBORO, North Carolina - 
Global Safety Textiles LLC (&#8221;GST&#8221;) today announced that it had received a proposal from funds managed by WL Ross &#038; Co. LLC (&#8221;WLR&#8221;) to invest US$55 million in a newly formed entity that would acquire the assets of GST and its subsidiaries. The new GST would have one of the strongest, [...]]]></description>
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