Bearings maker SKF agreed to buy US-based Kaydon Corporation for USD1.25 billion in cash. The world's biggest maker of bearings, SKF, said on Thursday that it had agreed on buying US-based Kaydon Corporation in the tune of USD1.
Investors
Bezos promises independence and optimism for the Post's future
In a town hall meeting, Jeff Bezos reassured the editorial staff of his recently purchased Washington Post of optimism in the digital age and continued independent journalism.
Impax Asset Management acquires wind farms from Fortum Oyj, Metsahallitus
Impax Asset Management announced its acquisition of two wind farms in Northern Finland. London-based Impax Asset Management Group said it had purchased two wind farms from Fortum Oyg and Metsahallitus.
China National Petroleum purchases 20% stake in Novatek's Yamal LNG project
China National Petroleum Corp bought a 20% stake in Novatek's Yamal liquified natural gas venture.
Foreign drugmakers unfairly targeted in China bribery probe- European Union Chamber of Commerce in China
The European Union Chamber of Commerce in China said there was unfair treatment to foreign firms in the China bribery probe.
Latest News
Dixons said it would pay EUR 69 million to mutares AG for the latter's acquisition of PIXmania.
Indonesia said it planned to relax the rule that forced foreign mining firms operating in the country to own no more than 49% of their stake in the mines within ten years after production has started.
Japanese drug manufacturer Otsuka Holdings said it would be acquiring Astex Pharmaceuticals for close to USD 900 million.
South African financial services group Sanlam said it was scouring Southeast Asia to invest in a life insurer.
Cathay Pacific Airways Ltd. released an exchange statement today, voicing out its opposition against Qantas Airways Ltd. (QAN)'s Hong Kong budget carrier venture with China Eastern Airlines Corp. and gambling tycoom Stanley Ho.
The Hudson Clean Energy Partners had invested USD6 million to Siicor Materials for the latter's expansion plans.
The CIT Group's subsidiary CIT Bank provided financing assistance for TruckPro in its acquisition of CCI Corp.
Fiat pledged EUR1 billion in a Mirafiori plant as it aimed to boost the sale of its luxury mode line-up said a union leader.
Agilent Technologies Inc. announced that it had agreed to an acquisition deal for some assets in ABC Instrumentación Analítica (ABCIA).
