Sunday 29 November 2020
 
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LG Electronics acquires ZKW Group for $1.31bn

The board of directors of LG Electronics (LG) has approved the acquisition of Austria-based ZKW Group, a leading automotive lighting and headlight systems provider, capping a deal worth more than €1.1 billion ($1.31 billion).

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ABB acquires Austria-based B&R

ABB, a leading global technology company in power and automation, has announced the acquisition of B&R, the largest independent provider focused on product- and software-based, open-architecture solutions for machine and factory automation w

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ABB acquires Austria-based B&R

ABB, a leading global technology company in power and automation, has announced the acquisition of B&R, the largest independent provider focused on product- and software-based, open-architecture solutions for machine and factory automation w

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Yokogawa acquires energy management technology firm

Japan-based Yokogawa Electric Corporation has completed the acquisition of Soteica Visual Mesa (SVM), a leading energy management technology provider, further delivering on a number of key objectives of its Transformation 2017 mid-term business

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Investcorp acquires 40pc stake in UK firm

Investcorp Technology Partners is set to purchase a 40 per cent equity stake in TDX Group, the UK’s leading provider of analytics-based consumer debt management services, for £28 million ($41.8 million) . Investcorp Technology Partners is

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Jordan buys 25,000 t Ukrainian wheat

Jordan bought 25,000 tonnes of Ukrainian wheat at $377 per tonne c&f for September 1-15  shipment, a Jordanian government grain official said on Wednesday. The grain was purchased from Ukrainian firm Nibulon, said the official, ad

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NBK enters Egypt with Al Watany Bank buy

National Bank of Kuwait (NBK), the largest bank in Kuwait, on Wednesday said that it has acquired the Al Watany Bank of Egypt (AWB) as part of its regional expansion strategy. AWB currently runs 26 branches located in different cities in E

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