Alcoa Buys Firth Rixson for $2.85 Billion

Alcoa Buys Firth Rixson for $2.85 Billion

World’s third largest aluminum producer Alcoa agreed to buy jet engine parts provdier of Seamless Rolled Rings, Forgings and Specialty Metals maker Firth Rixson for $2.85 Billion in cash and stock deal. “The acquisition of Firth Rixson is a major milestone in Alcoa’s transformation,” said Klaus Kleinfeld, Alcoa Chairman and Chief Executive Officer. “This transaction…

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Etihad acquires 49 % of Alitalia

Etihad acquires 49 % of Alitalia

Alitalia has been unprofitable and this move helps to rise of Etihad Airways like growing company, which becomes stronger player in European markets. The Staff cuts and debt are main points in the negotiations. On half of June Management of Alitalia accept Atihad Airways’s offer to invest to Atihad. Italian Minister of Transport Maurizio Lupi…

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Wisconsin energy acquires Integrys for $9.1 Billion

Wisconsin energy acquires Integrys for $9.1 Billion

The Wisconsin Energy Corporation made a deal to buy the Integrys Energy Group for about $9.1 Billion in stock and cash. “We believe this combination provides a unique opportunity to create the premier regulated utility system in the Midwest, with superior service and competitive pricing for years to come,” “The operational and financial benefits to…

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Oracle acquires Micros Systems for $5.3 Billion

Oracle acquires Micros Systems for $5.3 Billion

Oracle, the second-largest software maker (after Microsoft), made a deal about acquiring Micros Systems for $5.3 Billion in cash. Oracle will pay $68 a share. Oracle has announced 11 takovers in the last 16 months. Its biggest acquisition since purchase of Sun Microsystems for $7.4 billion in spring 2009.“Oracle has successfully helped customers across multiple…

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TE Connectivity to acquire Measurement Specialties, inc.

TE CONNECTIVITY TO ACQUIRE MEASUREMENT SPECIALTIES, INC.

TE Connectivity, connectivity world leader, announced to acquire Measurement Specialities, Inc. for $1.7 Billion. Measurement Specialties, a leading global designer and manufacturer of sensors and sensor-based systems with expected revenue of $540 million in its current fiscal year, offers a broad portfolio of sensor technologies including pressure, vibration, force, temperature, humidity, ultrasonics, position and fluid,…

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