Biz/Tech
Honeywell Acquires Elster Division of Melrose Industries, Increasing Own Business Profile
Honeywell International, Inc. has announced the acquisition of gas measuring and metering company, Elster, from Melrose Industries Plc for approximately £3.3 billion or $5.1 billion, according to a press release by Honeywell.
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Top US Companies to Pledge $140 Billion in Investments in Support of White House Climate Change Drive
Several top U.S. companies have promised to support the Obama administration's latest initiative to address climate change, committing $140 billion in investments to reduce carbon emissions ahead of a United Nations summit this year.
‘Uncharted 4: A Thief’s End’ Release Date Happening Next Year! Nathan Drake's Final Chapter Will Be Epic!
‘Uncharted 4: A Thief’s End’ Release Date Happening Next Year! Nathan Drake's Final Chapter Will Be Epic!
McGraw Hill to Expand its Data Services, in Talks to Acquire SNL Financial
McGraw Hill Financial Inc. is close to acquiring SNL Financial LC, a financial news and analysis data provider, for more than $2 billion, according to a report from Bloomberg.
Looking to Solidify its Grip On the Generic Drug Sector, Teva may Acquire Allergan's Generic Business
Teva Pharmaceuticals Industries Ltd., a Israeli-based drugmaker, is in advance talks to acquire the generic drugs business of Allergan Plc., according to a report from Bloomberg.
Fiat Chrysler Faces Record $105 Million in Fines Over Unsatisfactory Recalls, May Implement Vehicle Repurchases
Automaker Fiat Chrysler is set to face a record $105 million in fines for unsatisfactory execution of its recalls for millions of vehicles, according to a Wall Street Journal Report.
AT&T Completes $48 Billion Acquisition of DirecTV to Create Biggest Cable Company in US
AT&T Inc., the second largest wireless carrier in the United States, announced on Friday that it had completed its acquisition of DirecTV, the leading pay TV company in the country, a deal valued at $48.5 billion that creates the biggest cable company in the U.S.
Pearson in Talks to Sell Stake in The Economist Following Divestment of Financial Times
Following its sale of the daily newspaper Financial Times to Japanese media group Nikkei, Britain's Pearson confirmed on Saturday plans to sell its stake in weekly business magazine The Economist as the British firm continues to exit the media business.
Anthem to Buy Cigna for $54 Billion, Competition Authorities Expected to Closely Review Deal
US healthcare insurer Anthem, Inc. announced on Friday a deal to buy rival Cigna Corporation for $54.2 billion to create the largest player in the industry,but the transactions is expected to draw scrutiny from regulators amid concerns that the consolidation may limit options for consumers.
To Defend Against Hackers, Fiat Chrysler Recalls 1.4 million Vehicles
Fiat Chrysler announced a recall of 1.4 million vehicles, in an attempt to defend against cyber attacks, according to a report from Bloomberg.