M&A
EU approves ABB’s $3.9-bn acquisition of Thomas & Betts
12 May 2012
Swiss engineering group ABB yesterday secured European Union approval for its proposed $3.9-billion acquisition of US electrical components maker Thomas & Betts
Platinum Equity to acquire 65 % in Caterpillar Logistics for $750 million
11 May 2012
Caterpillar will retain a 35 per cent interest in Caterpillar Logistics Services and focus on expanding its core business, the company said in a statement
HSBC in talks to sell Latin American operations
10 May 2012
Micron Technology in talks to buy bankrupt Japanese chipmaker Elpida
10 May 2012
Micron Technology is in talks to acquire bankrupt Japanese chipmaker Elpida Memory, in a bid to emerge the world’s second-largest DRAM chip maker behind Samsung Electronics