In a statement German engineering company Siemens said, it has agreed to sell the mail and parcels business of Siemens Logistics business to German technology group Koerber for a price of $1.31 billion (1.15 billion euros). The deal is expected to… Read More ›
Under CEO Larry Culp the conglomerate is continuing to divest assets from its businesses other than those from its core areas of renewable energy, jet engines and power plants. General Electric is in talks with American Industrial Partners, a private… Read More ›
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