General Electric Healthcare India would be creating cost effective equipment to address global demands.
Deals
Shuanghui taps Goldman Sachs, Morgan Stanley, other banks in preparation for USD6 billion IPO
Thomson Reuters publication IFR earlier reported that Morgan Stanley, Goldman Sachs and Standard Chartered were among the banks hired by Shuanghui International Holdings in its upcoming IPO.
Monroe Capital LLC funds senior credit facility for the acquisition of Gem Shopping Network
Monroe Capital announced the funding worth USD27.5 million for the use of an affiliate of Sun Capital Partners Inc for the acquisition of Gem Shopping Network.
Huawei to invest in 5G research, allots USD600 million
Huawei Technologies Co promised to deliver fast 5G wireless connection service to its customers. In its statement said on Wednesday, Huawei Technologies Co said it would be pouring USD600 million to improve mobile connections for consumers in the next four years.
Asian M&A market dominated by Japan and Thai tycoons
Chinese M&A activity was slow due to its country's leadership change while Japan and Thai tycoons led the way in 2013.
Latest News
Dover Corp acquired industrial manufacturer Finder SpA for USD145 million. Dover Corp recently finalized a deal to purchase industrial company Finder SpA for USD145 million.
SFW Capital Partners made a strategic investment in California-based Industrial Dynamics Company (DBA Filtec) for growth and product expansion.
Brussels had launched a full state investigation on the joint venture between Solvay and Ineos due to antitrust concerns.
Experian said it would be buying Passport Health Communications for USD850 million. According to a statement by British credit data provider Experian, it would be acquiring Passport Health Communications.
OpenText Corp.'s shares rose to record high USD7.77 after its announcement to buy GXS Group Inc.
Amdocs recently bought network management company Celcite Management Solutions LLC for USD129 million in cash.
Synacor Inc acquired Android development platform company Teknision to develop a single homepage access for all media on mobile devices.
TV discovery startup i.TV has bought the newly funded GetGlue as a companion TV app. The Utah-based TV discovery startup i. TV had recently acquired GetGlue as a second-screen app mashup, according to a report by TechCrunch.
Samsung Electronics Co announced its plans in making more strategic acquisitions offshore. Samsung Electronics Co said it intended to make more international acquisitions after it had invested USD 1 billion in 14 companies since 2010.
