Norvalves has been acquired by Ham-Let
The biggest valve producer in Norway has been acquired by the Israeli group Ham-Let, the company announced in a press statement. Alongside this, Norvalves will …
M&A
Rosneft reportedly in talks to acquire Bashneft for $5bln
Russian oil giant Rosneft could be offered the controlling stake in the medium-sized oil producer Bashneft for some 325 billion rubles ($5 billion), writes …
Shell Midstream acquired Mars Odyssey for $350mln
Shell Midstream Partners, L.P. announced it has agreed to acquire from Shell an additional 20 percent equity interest in Mars Oil Pipeline Company and a 49 …
Agrium and Potash are going to merge
Canada’s Agrium Inc and Potash Corp of Saskatchewan Inc agreed to combine in a deal that would create a fertilizer giant with an enterprise value of …
Chino-Swiss joint venture Chinaust expands in China
The Chinaust Group, a 50/50 joint venture between GF Piping Systems and Lingyun Industrial Co., announced that, within a larger acquisition program, Lingyun …
Emerson will acquire the valve and control business from Pentair
In a statement on Aug. 18, Emerson declared that it will acquire the entire Pentair’s valve and flow control business. The acquisition will support …
Bayer has raised its offer for Monsanto acquisition
Over the past several weeks Bayer has engaged in private talks with Monsanto. Following receipt of additional information Bayer has raised its all-cash offer …
Technip/FMC merger greelit by US Antitrust regulators
Technip amd FMC Technologies, Inc. announced that the pending merger transaction between the companies has received an early decision from the United States …
Wood Group is expanding in manufacturing sector
Wood Group acquires trade and assets of Enterprise Engineering Services Limited’s Aberdeen fabrication and manufacturing business, said the company in a …
Technip and FMC merged together
Technip and FMC Technologies, Inc. announced that the companies will combine to create a global leader that will drive change by redefining the production and …