Industry

Industry

Corporate operations and sector-specific developments. M&A, executive appointments, industrial policy, manufacturing, energy, and regulatory affairs.

industry

TE Connectivity Finalizes $2.3 Billion Acquisition of Richards Manufacturing

TE Connectivity acquires Richards Manufacturing for $2.3B, boosting its role in grid modernization and energy sector growth.

#teconnectivity, #acquisition, #energy, #manufacturing

industry

Intesa Sanpaolo CEO Pledges to Keep Italian National Savings Domestic Amid Banking Consolidation

Intesa CEO Carlo Messina commits to keeping Italy's national savings under domestic control, amid "golden power" regulatory scrutiny.

#intesa, #italybanking, #nationalsavings, #goldenpower, #finance

industry

Thermo Fisher Acquires Solventum's Purification Business for $4.1 Billion

Thermo Fisher to expand bioprocessing market position with Solventum acquisition valued at $4.1 billion.

#thermofisher, #solventum, #bioprocessing, #acquisition, #biopharma

industry

Thermo Fisher Scientific to Acquire Solventum's Purification & Filtration Business for $4.1 Billion

Thermo Fisher to boost bioproduction with $4.1B Solventum acquisition, enhancing biologics production capabilities.

#thermofisher, #solventum, #acquisition, #bioproduction, #biopharmaceuticals

industry

Charter Communications to Acquire Cox Communications in $34.5 Billion Merger

Charter to acquire Cox, forming largest US cable provider in a $34.5B deal, pending regulatory approval.

#chartercommunications, #coxcommunications, #merger, #cabletv

industry

Spain's "BME Easy Access" Reform Aims to Revitalize IPO Process

Spain unveils "BME Easy Access" IPO reform, extending trading period to 18 months to reduce cancellations and enhance market competitiveness.

#spain, #ipo, #capitalmarkets, #bme, #reform

industry

Blackstone Group Initiates Sale of Clarion Events Amid Industry Resurgence

Blackstone is selling Clarion Events, valued at £2 billion, amid recovery in the events industry.

#blackstone, #clarionevents, #privatemarkets, #tradefairs, #commodities

industry

Foxconn Invests $1.5 Billion in Indian Subsidiary Amid Apple's Strategic Shift

Foxconn's $1.5B investment in India enhances Apple's manufacturing diversification amid U.S.-China tensions and boosts local economy.

#apple, #foxconn, #india, #manufacturing, #china

industry

U.S. Shale Oil Production Poised for Plateau by 2030, Warns ConocoPhillips CEO

U.S. shale oil production may plateau by 2030 without new tech, warns ConocoPhillips CEO Ryan Lance at Qatar Economic Forum.

#shaleoil, #oilproduction, #innovation, #energymarkets, #conocophillips

industry

Charter Communications to Acquire Cox Communications in $34.5 Billion Deal

Charter to buy Cox for $34.5B, forming largest US cable provider amid industry shifts.

#chartercommunications, #coxcommunications, #mergers, #telecommunications

industry

Blackstone Infrastructure Announces $11.5 Billion Acquisition of TXNM Energy

Blackstone to acquire TXNM Energy for $11.5B, boosting utility sector holdings amid rising electricity demand.

#blackstone, #acquisition, #utilities, #energy, #txnm

industry

Southern California Edison Unveils $6.2 Billion Wildfire Mitigation Plan

SCE proposes a $6.2B plan to tackle wildfire risks, focusing on infrastructure and safety tech upgrades through 2028.

#wildfires, #southerncaliforniaedison, #infrastructure, #technology

industry

TE Connectivity to Acquire Richards Manufacturing for $2.3 Billion in Strategic Growth Move

TE Connectivity acquires Richards Manufacturing to expand in North American electrical utilities market for $2.3 billion.

#teconnectivity, #acquisition, #electricalutilities, #richardsmanufacturing, #business

industry

Scopely Acquires Niantic's Games Division for $3.5 Billion in Strategic Gaming Move

Scopely acquires Niantic's games for $3.5B, including "Pokémon GO," boosting Saudi Arabia's gaming ambitions.

#gaming, #acquisition, #scopely, #niantic, #saudiarabia

industry

Dick's Sporting Goods to Acquire Foot Locker for $2.4 Billion

Dick's Sporting Goods plans a $2.4B acquisition of Foot Locker, enhancing its global presence despite market concerns.

#dickssportinggoods, #footlocker, #acquisition, #retail, #sportswear