All Mergers & acquisitions Articles

Cargotec develops Africa gateway with Moroccan buyout
Cargotec has acquired the port service and equipment segment of its Moroccan dealer Maghrepic S.A.
Cintra sells majority of Chilean subsidiary
Cintra, Ferrovial’s toll road subsidiary, has agreed the sale of 60% of Cintra Chile to the Colombian ISA Group for US$ 300 million.
Cramo sells its Finnish diamond drilling and floor grinding division
Cramo’s Finnish subsidiary has sold its diamond drilling and floor grinding business to demolition contractor Kuusakoski Oy. The sale, for an undisclosed price, will close on 1 February 2010.
CSN makes bid for Cimpor
Brazilian conglomerate Companhia Siderúrgica Nacional (CSN) has made an unsolicited € 3.84 billion cash offer to acquire Portuguese cement manufacturer Cimpor.
Japan's Sumitomo invests in US rental business Sunstate Equipment
Japan’s Sumitomo Corp has acquired a US$50 million investment in Sunstate Equipment Co, giving it a minority shareholding in the business. The funds will be used to strengthen Sunstate's balance sheet and capitalise on growth opportunities.
Bilfinger Berger gets green light to acquire MCE
The European Commission has approved Bilfinger Berger's acquisition of industrial and power services provider MCE, a design, construction and maintenance company focussed on the process and energy sectors.
Brokk acquires Australian distributor
Brokk has established a new Australian subsidiary, Brokk Australia Pty, through the acquisition of its Australian dealer
Hochtief sells to Zech
Germany’s Zech Group has acquired the majority holding in Hochtief do Brasil. The acquisition will see Hochtief retain a minority interest in the company, which is based in Sao Paulo.
Emaar abandons merger with Dubai Holdings
The UAE’s Emaar Properties has abandoned its plans to merge with Dubai Holdings.
Caterpillar buys into South Korea
Caterpillar is to acquire JCS, a subsidiary of South Korea’s Jinsung TEC. JCS manufactures undercarriage components for earthmoving and other off-highway equipment.
EU approves airport sale
The European Commission has approved the sale of London’s Gatwick Airport, UK, to Global Infrastructure Partners.
Deripaska extends Strabag option
Oleg Deripaska, through his investment company Rasperia, has informed Strabag shareholders that he intends to make use of the extension option relating to the buy-back of a 25% shareholding in the company.
Toronto-based Stephenson's Rental buys Oxford Builders assets
One of the largest rental companies in Canada, Toronto-based Stephenson’s Rental Services, has acquired the general equipment rental assets of Oxford Builders, the rental arm of Canadian contractor EllisDon Construction.
Boskalis and Smit merger
Royal Boskalis Westminster N.V. (Boskalis) and Smit Internationale N.V. (Smit) have in principle reached agreement on a full merger of the two companies
Boskalis-Smit merger back on
Boskalis Westminster and Smit agree to merge after a hostile bid was rejected last September.
Secil call option dispute
CRH disagrees with Semapa's moves to enforce a call option on their Portuguese cement joint venture.
Ferrovial clears final Cintra hurdle
All-share deal set to close in early December.
Ferrovial finds buyer for Gatwick
UK's second largest airport to be sold to Global Infrastructure Partners for € 1,66 billion.
Hiab and Kalmar merger brings group loss
Cargotec has announced that restructuring costs from its Hiab and Kalmar merger will result in an operating loss for 2009
CNH and Russia's Kamaz agree joint venture
CNH and Russia’s Kamaz Corporation have signed a joint venture agreement
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