Buyout firm KKR & Co LP is preparing an initial public offering (IPO) of Gardner Denver Inc that could value the U.S. industrial machinery maker at between $6 billion and $7 billion including debt, according to people familiar with the matter.
SAO PAULO Chinese heavy machinery maker Xuzhou Construction Machinery Group Co Ltd [XCMGP.UL] is in talks with Brazilian engineering firm OAS SA [OAEP.UL] to form a joint venture for construction in Africa and Latin America, a person with direct knowledge of the matter said on Friday.
Canada's MacDonald Dettwiler and Associates Ltd said it would buy U.S.-based satellite imagery provider DigitalGlobe Inc for about C$3.10 billion ($2.40 billion), the biggest deal yet in a fast-consolidating earth-imaging satellite market.
U.S. power utility company AES Corp said on Friday it would buy a privately held company that builds utility-scale solar projects, along with Canada's investment fund manager Alberta Investment Management Corp, for $853 million in cash.
TOKYO/TAIPEI Japan's Softbank Group and Taiwan's Foxconn will soon begin operating a joint venture that deepens ties between two of Asia's biggest technology companies, they said on Friday.
SINGAPORE Shares in Noble Group tumbled 17 percent on Friday, hit by a critical report from Iceberg Research that reiterated its concerns about the commodity firm's accounting practices.
TOKYO Toshiba Corp , responding to media reports, said on Friday it was not aware that its U.S. nuclear unit Westinghouse was considering filing for Chapter 11 protection from creditors - an option analysts say could jeopardize the entire group.
TOKYO Toshiba Corp said on Friday it is looking to sell a majority stake in its prized flash memory chip business to plug a hole in its finances from a $6.3 billion writedown of its U.S. nuclear unit.
PARIS France's Safran on Thursday rejected criticism by a UK hedge fund over a proposed $9 billion offer for Zodiac Aerospace and pledged to stand firm as a spat intensified over plans to create the world's third-largest aerospace supplier.
PARIS France's Safran has rejected criticism by a UK hedge fund over the strategy, structure and financial terms of a proposed $9 billion friendly bid for Zodiac Aerospace and says it stands by its plans to acquire the seats manufacturer.
NATIONAL HARBOR, Md./WASHINGTON President Donald Trump said he would make a massive budget request for one of the "greatest military buildups in American history" on Friday in a feisty, campaign-style speech extolling robust nationalism to eager conservative activists. | Video