Pumpmaker ITT is expanding both on the shareholder value side and on the operations side as demand for pumps had increased by half in the third quarter alone.
Industrials
Chinalco-led consortium gets on shortlist for Glencore Xstrata's Las Bambas copper project
A consortium led by Chinalco was shortlisted to bid for Glencore Xstrata's copper mine in Peru, a Chinalco executive said.
Deals of the day - M&As
The following bids, mergers, acquisitions and disposals were reported on Friday The following bids, mergers, acquisitions and disposals were reported on Friday:- Hotel operator Hilton Worldwide Inc, owned by private equity firm Blackstone Group LP, is aiming to launch its initial public offering in the week of Dec.
Jessop & Co seek closure approval from West Bengali government
Pawan K Ruia owned Jessop & Co seeking approval of its decision to close its operations. One of the oldest companies in India, Jessop & Co, is controlled by Pawan K, Ruia.
Warburg Pincus to exit from Transpacific stake
Warburg Pincus sold its ownership stake in Transpacific Industries Group at AUD1.05 per share. On Saturday, a Transpacific Industries Group spokesperson said the shareholder Warburg Pincus would be selling its stake in the waste management firm through UBS.
Latest News
Food packaging company Crown Holdings Inc acquired Spanish food-can maker Mivisa Envases for EUR1.20 billion or USD1.65 billion.
ConocoPhillips's request of exploratory drilling is approved by Canada's NEB On Wednesday, Canada's National Energy Board approved ConocoPhillips's request.
The F-35 fighter jet dropped its first bomb to hit a ground target in its first delivery test. The Pentagon said F-35 fighter jet hit its first ground target in a delivery test.
Clariant and Wendel's Stahl reached an agreement with former to receive millions and shares. Clariant AG, Swiss maker of specialty chemicals, had agreed to sell a leather-treatment unit to French investment company Wendel SA's Stahl, according to a report by Bloomberg.
Venture capitalists said drones, largely used for military or scientific purposes, would be used for commercial purposes in the future.
Honda Motor Co's stake sale in Honda Elesys Co would encourage the cooperation of the company and its buyer Nidec Corp in capitalizing the growing demand for car electronic controls.
Former billionaire Eike Batista would be selling his coal mines in Colombia to Yildirim Holding for USD 450 million.
Russian state-owned diamond miner Alrosa had reduced its capital investment expectations for its planned IPO.
Davaadorj Ganbold said that major issues between the mining firm and the government have been ironed out but some still remain.
