M&A
GE to merge Baker Hughes to create a $30 bn oilfield services giant
31 Oct 2016
With $32 billion in combined revenues, and operations in over 120 countries, the “New” Baker Hughes will be the second-largest oilfield services provider
Japan’s top 3 shippers to merge container ops amid downturn
31 Oct 2016
Nippon Yusen KK, Mitsui OSK Lines Ltd and Kawasaki Kisen Kaisha Ltd said they will integrate their container shipping operations to create the world's sixth-largest player, joining a growing trend of consolidation in an industry battling its worst-ever downturn
Tata Group’s aviation hopes soar with Ratan Tata back at helm
29 Oct 2016
Media reports say Tata has increased its stake in AirAsia India over time to 49 per cent from 30 per cent for an undisclosed sum while approving infusion of $37 million in Vistara, its joint venture with Singapore Airlines
Baker Hughes, GE in oil-field services partnership talks
28 Oct 2016
Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry
GE to buy 75% in German 3D printing maker Concept Laser for $599 mn
28 Oct 2016
The move comes a day after GE abandoned its €683-million takeover offer for German 3D printer maker SLM Solutions Group
Qualcomm to buy NXP Semiconductors for $39 bn
27 Oct 2016
Qualcomm Inc, the world’s biggest chip maker, today struck a deal to buy NXP Semiconductors NV for $39 billion in a bid to emerge as the world's largest automotive chip supplier