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 …
The company recently announced the estimated plant completion date at the CES 2019 held in Las Vegas. Once completed, the factory would be capable of manufacturing over 300,000 vehicles on a yearly basis. Byton, a renowned Chinese electric vehicle (EV) company, has reportedly announced that …
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, …
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 …
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, …
Shares of Ophir Energy went up by about 35% when the news of Medico Energi’s interest in the company emerged. The merger would be adding Ophir’s 25,000 barrels of oil per day production capacity to that of Medco’s 85,000 barrels of oil per day. PT …
The move will offer CNTC’s international unit a bigger share in the global tobacco market China National Tobacco (CNTC), a state-owned manufacturer of tobacco products, has recently announced plans to list its international unit on the Hong Kong stock exchange despite growing pressures on the …
The field is estimated to produce approximately 200,000 barrels of oil on a daily basis. The production would be facilitated through the largest Floating Production Storage and Offloading built by the company. Total S.A. (Total), a French multinational integrated oil & gas company, has reportedly …
The nuclear energy venture is now looking for new partners as new U.S. regulations have forced it to abandon a deal with China. The U.S. Department of Energy had announced new regulations in October that restricted making nuclear deals with China. TerraPower LLC (TerraPower), a …
