US medical testing firm LabCorp to buy Covance for $6.1 bn
The acquisition will provide LabCorp with immediate scale and a comprehensive platform in the $141-billion biopharmaceutical research and development market [via Domain-b M&A] Follow us...
View ArticleEU to fund ?3 bn for unified European air traffic management
The European Commission, the executive arm of the European Union (EU), said yesterday in Brussels that it will sign a partnership agreement with major air traffic management (ATM) stakeholders to p…...
View ArticleAirlines to post 26% surge in 2015 profits on falling oil prices: IATA
The cumulative net profit estimate of airlines in 2014 has been raised to $19.9 billion from $18 billion in June, and is forecast to rise another 26 per cent to $25 billion in 2015 [via Domain-b...
View ArticleUS airline industry expresses concern over Expedia-Orbitz deal
The US airline industry yesterday expressed concerns over the tentative merger of online travel reservations portals Expedia Inc and Orbitz Worldwide Inc, saying it would hurt travel business, but …...
View ArticleBoeing looking to move key operations to other countries
Boeing said yesterday it was actively looking to move “key pieces” of its operations abroad as the future of the US Export-Import Bank is uncertain [via Domain-b Aerospace] Follow us @enterpriseheat –...
View ArticleFrance?s Air Liquide to acquire US rival Airgas for $10.3 bn
The acquisition will boost Air Liquide?s sales by around 30 per cent and help the company gain a clear lead over its German rival Linde AG, as the world?s biggest industrial gas producer by revenue...
View ArticleNASA’s Juno spacecraft in orbit around Jupitor
The Juno spacecraft entered a pole to pole orbit of Jupitor after a five-year solar powered spaceflight from Earth that began on 5 August 2011 [via Domain-b Aerospace]
View ArticleOutdoors goods retailer Bass Pro Shops wins bid for rival Cabela?s for $5.5 bn
US outdoor recreation goods retailer Bass Pro Shops yesterday struck a deal to buy its rival Cabela’s Inc for $5.5 billion. Privately-held Bass Pro Shops will pay $65.50 per share in cash, a… [via...
View ArticleAlaska Air nears settlement with US on $2.6-bn acquisition of Virgin America
Alaska Air Group Inc is nearing a settlement with US antitrust regulators over its proposed $2.6-billion acquisition of Virgin America Inc, Reuters today reported, citing a person familiar with the…...
View ArticleBoeing hives off post-sales support business into new firm
America’s biggest exporter Boeing Co disclosed a bold reorganization Monday aimed at tripling its services revenues over ten years and imparting greater predictability to what historically has been…...
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