Friday, November, 15, 2019 03:51:18

Category: Headlines

Blackstone Group acquires Canada’s Dream Global REIT for $4.7 billion

Real estate market is showing substantial growth potential, as a result, real estate investment trust companies are gaining significant traction lately. These firms provide an opportunity to investors to invest in income-generating real estate. Backed by this potential, acquisitions and developments of REIT firms is …

Hitachi Vantara brings IIoT IoT with Lumana Manufacturing Insights

Lumanda Manufacturing Insights delivers AI-powered Industrial Analytics Solutions to optimize production, machine and enhanced outcomes for manufacturing industry 4.0. The deal brings IoT to Hitachi Vantara’ s production floor enabling the company to achieve transformative outcomes using data-driven insights. A wholly owned subsidiary of Hitachi Ltd., Hitachi Vantara, …

ACCC hurts competition by blocking Vodafone, TPG merger in Australia

ACCC has restricted a A$15 billion acquisition deal between the country’s largest telecoms providers, TPG and Vodafone. Currently, Vodafone operates a mobile phone network with Hutchison Telecommunications Ltd. in Australia. The Australian Competition and Consumer Commission (ACCC), the independent authority of the Australian government, has …

Altria and Philip Morris in $200Bn talks to merge their businesses

The reason behind the collaboration can be to face the decreasing cigarette sales, which dropped internationally by 4.5% last year. Altria and Philip Morris International (PMI) are Marlboro cigarette makers, Altria sells cigarettes in the United States while PMI sells cigarettes across the world. Marlboro-maker …