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Tag: merge
Samsung to merge two major units
2015-05-26 04:49:54| Semiconductors - Topix.net
Samsung Group announced on Tuesday the merger of two major affiliates, as the South Korean business giant accelerates restructuring efforts ahead of a generational power transfer within the founding Lee family. The all stock deal, approved by the boards of both companies would see Samsung's de facto holding company Cheil Industries -- which has interests from fashion to theme parks -- acquire general trade and construction affiliate Samsung C&T.
Tags: major
units
samsung
merge
Fiat Chrysler's Sergio Marchionne Wanted To Merge With GM, But Got Shot Down By Mary Barra
2015-05-25 20:49:37| Automakers - Topix.net
Sergio Marchionne hasn't exactly been quiet about his desire to merge Fiat Chrysler Automobiles with another car company. Last summer, he floated the idea of joining forces with Volkswagen , but that deal was subsequently sunk.
American Looks to Avoid Repeat of 2007 Fiasco as Reservation Systems Merge
2015-05-12 21:49:00| Airlines - Topix.net
NEW YORK -- In March 2007, a year and a half after they merged, US Airways and America West sought to merge their reservations systems. The result was unfortunate.
Tags: american
systems
avoid
repeat
PartnerRe rejects Exor's offer, says it will merge with Axis
2015-05-05 18:25:27| Automakers - Topix.net
PartnerRe rejected an offer from Italian investment company Exor, saying it will go ahead with its combination with competitor Axis Capital. Exor offered to buy PartnerRe in April for $6.16 billion in cash, or $130 per share.
US fibre operators Lightower, Fibertech to merge
2015-04-27 22:27:00| Telecompaper Headlines
(Telecompaper) Lightower Fiber Networks announced an agreement to acquire Fibertech Networks for USD 1.9 billion, creating a major fibre network provider across the eastern US. Fibertech connects mid-size cities in the Eastern and Central regions of the US, while Lightower's network focuses on the Northeast, Mid-Atlantic and Chicago Metro areas. Both operators serve enterprise, government and wholesale customers with a range of Ethernet, dark fibre and co-location services. Lightower's existing financial backers, Berkshire Partners, Pamlico Capital and Abry Partners, will each provide additional equity to support the transaction. The combined company will be led by current Lightower CEO, Rob Shanahan. Pending regulatory approvals, the merger is expected to close in the third quarter.
Tags: operators
merge
fibre
lightower
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