Monday, April, 22, 2019 02:33:51

Category: Business

Siemens Gamesa bags 270 wind turbine supply order from ReNew Power

 The 270 wind turbines would be helping ReNew Power set up a capacity of 567 MW for its two wind-power facilities.  Siemens Gamesa would also be facilitating infrastructure to help install & operate both wind-energy farms. Siemens Gamesa Renewable Energy (Siemens Gamesa), a Spanish renewable …

No-deal Brexit fears push Barclays to transfer €190bn to Dublin

Investment banking and financial services company Barclays has reportedly decided to transfer assets worth €190 billion from the UK to Ireland as the bank prepares itself for a potential no-deal Brexit. The high court recently approved the lender’s Brexit contingency plans, that includes the transferring …

Global Marine Group partners with Rovco to offer subsea IRM solutions

Rovco, the subsea technology company, has reportedly entered into an invested partnership with Global Marine Group (GMG) for bringing intelligent inspection, repair and maintenance (IRM) solutions for the offshore market worldwide. Supposedly, the partnership would involve the companies working together to offer a range of …

Xiaomi Corp procures a 0.5% stake in TV manufacturer TCL Corp

 Xiaomi Corp has purchased over 65.2 million TCL Corp shares in a major television push.  The deal further expands an existing relationship between the two consumer electronics manufacturers. Xiaomi Corporation (Xiaomi), a renowned Chinese electronics & smartphone company, has reportedly announced that it has acquired …

Drug major Sun Pharmaceutical Ltd. acquires Japan’s Pola Pharma

The acquisition will strengthen Sun Pharma’s presence in the global dermatology segment. India’s renowned pharmaceutical company, Sun Pharmaceutical Industries Ltd. has recently finalized the acquisition of Japan-based pharmaceutical firm, Pola Pharma. The move would effectively enhance the drug major’s presence in the global dermatology market, …

TILT Holdings confirms US$210mn agreement to acquire Jupiter Research

Jupiter Research’s takeover is critical to the company’s foremost goal of centralizing and consolidating services for industry spheres, claims TILT Holdings’ Chief Executive Officer. Vancouver based TILT Holdings Inc. has recently announced that the company has agreed to acquire leading inhalation and vaporization tech firm …

Lincoln Electric acquires Worthington Industries’ soldering business

 Apart from the soldering business, the company would also be acquiring some of Worthington Industries’ brazing assets.  The annual revenue of the assets being purchased through the two transactions is about $25 million. Lincoln Electric Holdings, Inc., (Lincoln), an American multinational manufacturer of welding products, …