Category Archive: Industrials

FINMECCANICA SELLS ANSALDO TO HITACHI FOR MORE THAN $2 BILLION

by

Hitachi, a Japanese conglomerate, will pay €773 million ($850 million) for Finmeccanica’s 40% stake in Ansaldo STS: under Italian law, this type of operations requires a mandatory tender offer in order to be… Continue reading

SAMSUNG SELLS CHEMICAL AND DEFENCE STAKES TO HANWHA

by

Last week Samsung decided to sell shares in Samsung General Chemicals and Samsung Techwin for $1.72 billion dollars USD (all figures in USD). The deal was the first time that Samsung sold affiliates… Continue reading