Boeing may well be the winner of the KRW 8.3 trillion or USD 7.7 billion South Korea fighter jet tender, a source told Reuters.
Industrials
National Oilwell set to spin off distribution business
In what is called a 'tax efficient spin off', National Oilwell would be letting its distribution business stand alone.
Illinois Tool Works formalizes sale of industrial packaging business
The sale of Illinois Tool Works' industrial packaging business would affect its overall revenues.
Chrysler files for IPO to move its merger deal with Fiat
Fiat SpA and Chrysler Group LLC chief executive Sergio Marchionne had filed an IPO on behalf of the latter to end the stalled merger of both carmarkers.
Arabtec forms venture with Samsung Engineering Co.
The new joint venture to participate in projects in the Middle East and Africa comprised of Arabtec and Samsung Engineering Co.
Latest News
B2Gold Corp said the company had seen good deals for possible acquisitions in the next 12 months, according to a Bloomberg report.
AXA Private Equity said it had been considering the sale of its natural ingredient maker Diana for a deal valued around EUR1 billion.
Turnbridge Capital and Pipe Pros announce the equity recapitalization of the latter though no financial details were disclosed.
On Monday, Chrysler Group LLC filed for an initial public offering after being compelled by United Auto Workers, the company's minority shareholder.
AMR and US Airways indicate new deadlines on their eventual decision on the merger as the lawsuit had affected the businesses.
Canada-based anti-terrorist solutions provider Allen-Vanguard exited its Explosive Ordnance Disposal unit.
Yongye International, Inc had announced today that they have entered in a merger agreement with Full Alliance International Limited at USD6.69 per share.
An official from the Czech mining group New World Resources said on Sunday the company would close a deal to put its coking plant on sale by year's end.
Germany based ThyssenKrupp denied a Focus report regarding a potential sale of its automotive unit. ThyssenKrupp is a German steelmaker based in Essen, Germany.
