Britain gives Advent’s $5 billion Cobham takeover the green light
Britain has approved Advent International’s $5 billion purchase of defense company Cobham after the U.S. private equity group made commitments to address national security concerns....
Lone Star to buy BASF construction chemicals unit for $3.51 billion
Private equity firm Lone Star has entered a deal to buy BASF’s construction chemicals business for 3.17 billion euros ($3.5 billion) on a cash and...
PG&E creditors offer California wildfire victims $13.5 billion in cash upfront
PG&E Corp’s creditors have sweetened their offer to California wildfire victims, saying they are now prepared to pay $13.5 billion in cash upfront, according to...
Britain approves Advent’s $5 billion Cobham purchase
The British government has approved Advent International’s $5 billion purchase of defense company Cobham Plc after the U.S. private equity group offered a number of...
Boeing’s Starliner astronaut capsule fails key test to reach space station
Boeing Co’s new astronaut capsule failed after liftoff on Friday to climb high enough in orbit to reach the International Space Station, cutting short a...
Russia gas export pipeline in jeopardy as Trump signs sanctions bill
Swiss-Dutch company Allseas said it had suspended work on building a major Russia-to-Germany natural gas pipeline in order to avoid U.S. sanctions contained in legislation...
U.S. Steel delivers unwelcome Christmas surprise to Michigan town
The mayor of a Michigan steel town was attending his grandchildren’s Christmas play Thursday evening when he got an unwelcome voicemail from an official of...
U.S. transport chief said economic issues not a factor in 737 MAX’s safety review
The economic impact of Boeing Co’s planned halt of 737 MAX production will not be considered by U.S. regulators in their ongoing review of when...
D.E. Shaw’s Orienteer strategy posts double-digit returns this year
D.E. Shaw’s Orienteer platform, the backbone of the $50 billion investment firm’s multi-asset class offerings, posted high double-digit returns this year, the best ever in...
Boeing’s failed Starliner mission strains ‘reliability’ pitch
Boeing Co’s stunted Friday debut of its astronaut capsule threatens to dent the U.S. aerospace incumbent’s self-declared competitive advantage of mission reliability against the price...