The strategic acquisition, aimed at garnering more revenues from the higher-margined spares parts and airplane services industry, does not significantly impact its 2018 guidance or its capital deployment strategy. On Tuesday, in a move aimed at expanding its aircraft services… Read More ›
The strategic divestiture is aimed at increasing its focus on its consumer business. On Tuesday, Whirlpool Corp, a U.S. home appliance maker, disclosed it has agreed to divest its Embraco compressor business to Japan’s Nidec Corp for $1.08 billion. The… Read More ›
Bayer has already received approval from the EU, Australia, Brazil, China; Russia now adds to this list. In a development that aids Bayer’s $66 billion acquisition of Monsanto, it has now got approval from FAS, Russia’s antitrust regulator, for its… Read More ›
The combined company will control more than a quarter of the world’s seed and pesticide market. With the U.S. Justice Department giving the green signal to Bayer AG’s bid to acquire Monsanto Co for $62.5 billion deal, with both companies… Read More ›
The move by Adecco, the world’s largest temp staffing firm, will enable it to expand its footprint in the online permanent recruitment space, locally as well as internationally. On Tuesday, Adecco, a staffing company, stated it has acquired Vettery, a… Read More ›
France-based pharmaceutical giant, Sanofi SA needs to clinch this deal.The MNC has also obtained the rights to develop and sell a new hemophilia drug in a strategic restructuring of its partnership with Alnylam Pharmaceuticals. As per a report by the… Read More ›
The Trump Administration is taking a stronger stance on national security policies initiated by the Obama Administration and is increasingly frustrating Beijing’s efforts at acquiring strategic U.S. industries and U.S. technology. Two congressional aides have disclosed, U.S. lawmakers have urged… Read More ›
Ignyta’s precision drugs and diagnostic portfolio will help Roche increase its global footprint in the oncology department. On Friday, U.S. cancer drugmaker Ignyta Inc and Swiss drugmaker Roche disclosed that the Swiss pharmaceutical giant will acquire U.S. drugmaker for $1.7… Read More ›
Banca Carige has to decide the matter by tomorrow and close the sale by December 6. On Wednesday, as per a source familiar with the matter at hand, Christofferson Robb & Company (CRC), a U.S. hedge fund, has presented an… Read More ›
The potential deals were signed during U.S. President Donald Trump’s visit to Beijing. Their potential worth is difficult to assess since they are non-binding. On Thursday, the U.S. State Department stated that Qualcomm Inc has signed potential deals worth $12… Read More ›
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