Showa Denko KK (SDK) and JX Nippon Oil & Energy Corporation (JX) will acquire LyondellBasell’s stake in their joint venture SunAllomer Ltd, which manufactures polypropylene (PP) and PP-based advanced materials. “SDK...
Tata Technologies plans to acquire companies to expand its defence footprint
Tata Technologies CEO Warren Harris says the company expects a revenue of about $200 million from these acquisitions. New Delhi. Tata Technologies Ltd plans to acquire companies to expand its defence footprint over the...
Borosil acquires 60% share in glass packaging firm Klasspack
Klasspack is a manufacturer of glass ampoules and tubular glass vials used as primary packaging materials by pharma companies. Borosil Glass Works has acquired 60.3% shares in Nashik-based Klasspack, a glass packaging...
Gujarat Fluorochemicals sells stake in Chinese JV Ltd
Gujarat Fluorochemicals Ltd, a diversified company active in refrigerants, chemicals, entertainment and renewable energy, has agreed to sell a stake in its Chinese JV Xuancheng Hengyuan Chemical Technology Company...
Singulus Technologies: announcement of acquisition price for new shares and new bonds
Singulus Technologies AG : * Announcement of acquisition price for new shares and new bonds * Fixed acquisition price per treasury share was fixed at eur 3.25 euros ($3.59). * Fixed acquisition price per treasury bond...
Gohigh Data to withdraw asset acquisition application from securities regulator
Gohigh Data Networks Technology Co Ltd * Says board approves to withdraw asset acquisition application from securities regulator Source text in Chinese: bit.ly/2a4wrZq Further company coverage: (Reporting by Hong Kong...
Tumi stockholders votes in favor of merger with Samsonite
Tumi Holdings Inc : * Tumi Holdings announces stockholder adoption of the merger agreement with Samsonite International S.A. * Approximately 96.8% of votes cast at today’s special meeting of stockholders voted in...
German forklift truck firm Jungheinrich rules out acquisitions
German forklift truck maker Jungheinrich (JUNG_p.DE) will grow from its existing business rather than trying to copy rival Kion’s recent $3.25 billion purchase of U.S. logistics technology firm Dematic, its...
JK Paper makes offer to buy 2 units of BILT Graphic Paper
New Delhi: JK Paper Ltd today said it has made a non-binding offer to acquire two units of Avantha Group firm BILT Graphic Paper Products Ltd (BGPPL). The non-binding offer (NBO) has been issued pursuant to the decision...
S&P – Ball Corp. ratings affirmed following completion of Rexam acquisition, outlook negative; Rexam PLC ratings lowered
S&P * Ball Corp. ratings affirmed following completion of Rexam acquisition, outlook negative; Rexam PLC ratings lowered * Lowering long-term corporate credit rating on Rexam PLC to ‘BB+’ from ‘BBB...
Patrick industries completes acquisition of Vacuplast
Patrick Industries Inc * Expects acquisition to be immediately accretive to 2016 net income per share * Net purchase price for ls mfg. Of approximately $11 million was funded under company’s existing credit...
GN Store closes acquisition of Audigy Group
GN Store Nord A/S : * Said on Friday had completed acquisition of Audigy * Said all necessary conditions, including relevant regulatory approvals, had been met * Audigy will be separate company and subsidiary of GN...
