The acquisition of IT firm Amor Group was recently announced by Lockheed Martin Group for an undisclosed amount.
Industrials
Hayat Sindi calls for investments in science and technology entrepreneurship
Renowned Middle Eastern scientist Hayat Sindi called for more investments in the field of science and technology to foster inventive spirit and innovation.
Merger may delay because of Chrysler IPO - Fiat CEO Marchionne
Fiat SpA chief executive officer Sergio Marchionne told reportersthat the merger between Italian automaker Fiat SpA and US automaker Chrysler Group LLC might be delayed because of a disagreement over the valuation of shares a retiree trust holds in Chrysler.
Standoff on M&A of mining assets puts bankers' skills to the test
The standoff on the M&A deals in the mining sector has tested the patience and skills of bankers. The standoff between buyers and sellers in the mining sector has put the skills and patience of bankers to the test.
Virgin Atlantic set to partner with Gulf region air carrier
Virgin Atlantic's partnership with Delta Air is sought to be replicated in the Gulf region. Virgin Atlantic's Richard Branson is contemplating the option of forging an east-focused alliance with a major carrier from the Gulf region.
Latest News
UltraTech had agreed to buy Gujarat cement plants from Jaypee Cement Corp. valued at INR3.8 billion.
Marwan Lahoud said that EADS is undertaking restructuring in order to become the leading company in the civil aerospace industry.
Wynnchurch Capital announced its plans to exit its mineral firm and two of its automotive parts companies.
Nickel producer Norilsk denied reports that it would be acquiring a stake in potash firm Uralkali. Norilsk Nickel said it was not interested in acquiring a stake in Uralkali.
According to reports by the Wall Street Journal and Reuters, Norilsk Nickel could place a bid to acquire a 21.75% in billionaire Suleiman Kerimov- helmed potash company Uralkali.
In seeking acquisitions for greater investment return, Danaher Corp is choosing between Spectris and Pall as its first purchase.
Eike Batista's MMX sold off its debt and partial stake to commodities trader Trafigura Beheer BV and sovereign wealth fund Mubadala Development Crop for the Sudeste port.
Graycliff Partners LP transferred its ownership of Rutland Plastic Technologies to the Riverside Company.
EADS Chief Strategist Marwan Lahoud said EADS would take its time in making new mergers and acquisitions as the company restructures.
