Honeywell International is considering selling its personal protective equipment (PPE) division in a deal that could value the unit at more than $2 billion, Bloomberg News reported on Tuesday, citing people familiar...
Bosch to buy TSI Semiconductors, invest $1.5 billion to expand US output
Germany’s Bosch Group said it is acquiring key assets of US chipmaker TSI Semiconductors. Bosch said on Wednesday it plans to invest $1.5 billion to retool TSI’s chip production facilities in Roseville...
Xerox drawn into duplicative Japanese fight
A company synonymous with copying should expect some duplication. Xerox has become aggressive since pushy investor Carl Icahn arrived on the scene. After rancorously blowing up a deal and ending a 57-year joint venture...
Hitachi makes $5 billion offer for full control of industrial gear unit
Hitachi Ltd said on Friday it would spend 531.1 billion yen ($4.84 billion) to take full control of listed industrial equipment unit Hitachi High-Technologies through a tender offer. The Japanese industrial conglomerate...
France’s ENGIE to sell 74% stake in India business to Edelweiss’ fund
Energy firm Engie SA of France, one of the largest foreign solar power investors in India, said on Thursday that it will sell a 74% stake in its local solar business to Edelweiss Infrastructure Yield Plus (EIYP) fund...
Fujitsu General ends JV structure in India for direct operation, enter new AC segments
Japan-based Fujitsu General, a leading manufacturer of air conditioners and other technology products, prepares for a new growth trajectory in its Indian air-conditioner business with joint venture realignment and entry...
Skylo raises $103 million in round led by SoftBank
Internet of Things (IoT) solutions firm Skylo Technologies, co-founded by Indian-origin entrepreneur Parthsarathi Trivedi, has raised $103 million in a Series B round led by SoftBank Group. The round also saw the...
Apergy to acquire Ecolab’s upstream energy unit in a $3.9 billion deal
Oilfield equipment provider Apergy Corp will acquire Ecolab Inc’s upstream energy business in a tax-free deal valued at about $3.9 billion, the companies said on Thursday. The combination will expand Apergy’s global...
Former Honeywell CEO in bid talks for Vertiv – sources
A company led by former Honeywell International Inc chief executive David Cote and backed by Goldman Sachs Group Inc (GS.N) is in talks to acquire U.S. backup power equipment firm Vertiv for more than $5 billion...
Industrial equipment maker Hillenbrand to buy Milacron in $2 billion deal
Industrial equipment maker Hillenbrand Inc (HI.N) on Friday agreed to buy plastics-processing equipment maker Milacron Holdings Corp (MCRN.N) in a cash and stock deal valued at about $2 billion, the companies said...
KKR exploring ‘full or partial’ sale of Hitachi Kokusai: Financial Times
Private equity firm KKR & Co Inc (KKR.N) is exploring the “full or partial” sale of its Hitachi Kokusai chip-equipment unit and has attracted the interest of two Chinese buyers, the Financial Times reported on...
UK competition watchdog puts Thermo Fisher-Roper deal under the microscope
Britain’s competition watchdog said on Wednesday Thermo Fisher Scientific Inc’s (TMO.N) $925 million acquisition of Roper Technologies Inc’s (ROP.N) unit Gatan raised concerns that prices of microscopes could go up and...
