(IN BRIEF) Alstom has sold its North American conventional signalling business to Knorr-Bremse AG for $690 million as part of a broader €2 billion financial restructuring plan. This sale is aimed at strengthening Alstom’s balance sheet and stabilizing its Investment … Read the full press release
Posted in Business, France, Industrial, Infrastructure & Utilities, Investment, Technology, Transportation & Logistics
Tagged Alstom, antitrust advisor, binding agreement, Cleary Gottlieb Steen & Hamilton LLP, communication-based train control (CBTC), Crédit Agricole CIB, deleveraging plan, European train control systems (ETCS), financial advisor, financial due diligence, investment grade rating, Knorr-Bremse AG, legal advisor, North American conventional signalling business, sale, smart and sustainable mobility, U.S. mobility technology, White & Case LLP
(PRESS RELEASE) LUXEMBOURG, 28-Sep-2020 — /EuropaWire/ — Multinational steel manufacturing corporation, ArcelorMittal announces a definitive agreement (the “Agreement”) with Cleveland-Cliffs Inc. (“Cleveland-Cliffs”) for the divestiture of 100% of the shares of ArcelorMittal USA to Cleveland-Cliffs for a combination of cash … Read the full press release
Posted in Business, Industrial, Investment, Luxembourg, Management, Metals and Minerals, News
Tagged acquisition, ArcelorMittal, ArcelorMittal USA, BofA Securities, Cleary Gottlieb Steen & Hamilton LLP, Cleveland-Cliffs, equity, Mr. Aditya Mittal, Mr. Lakshmi Mittal, Shareholding, shares, steelmakers, stock component
Global CDMO company combines DSM Pharmaceutical Products and Patheon Heerlen, Netherlands, 22-11-2013 — /EuropaWire/ — JLL Partners (“JLL”), a leading middle-market private equity firm, and Royal DSM, the global Life Sciences and Materials Sciences company, today announced the creation of a new … Read the full press release
Posted in Business, Chemicals, Financial, Healthcare, Investment, Netherlands, Science
Tagged active substances, Allen & Overy and Hinckley, Allen & Snyder LLP, Cleary Gottlieb Steen & Hamilton LLP, contract development and manufacturing organization, DSM Pharmaceutical Products, Feike Sijbesma, finished dosage, J.P. Morgan, Jefferies, Jim Mullen, JLL Partners, KeyBank, Latham & Watkins LLP, Morgan Stanley, Norton Rose Fulbright Canada LLP, Patheon, Paul S. Levy, Royal DSM, Stefan Doboczky, UBS
The boards of ABB and Power-One have agreed to a transaction in which ABB will acquire Power-One at $6.35 per share or approximately $1 billion equity value, which includes Power-One’s net cash of $266 million Combination creates global leader in … Read the full press release
Posted in Business, Electronics & Machinery, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Switzerland, Technology
Tagged ABB, acquire, acquisition, Camarillo, Cleary Gottlieb Steen & Hamilton LLP, Credit Suisse, deal, Dunn & Crutcher LLP, EBITDA, ENERGY, energy mix, energy-efficient power conversion, equity, Gibson, global leader, Goldman Sachs & Co., grid, Joe Hogan, MERGER, net cash, power electronics, power management solutions, Power-One, PV value chain, PV-generated power, regulatory, renewable energy, renewable energy solutions, Richard J. Thompson, shareholders, Silver Lake Sumeru, solar photovoltaic (PV) inverters, Solar PV, Solar PV industry
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