GERMANY > Ternium to acquire CSA Siderurgica do Atlantico from Thyssenkrupp for $1.59Bn

Ternium_list Luxembourg based Ternium to acquire CSA Siderúrgica do Atlântico (CSA) from Thyssenkrupp for $1.59Bn. The transaction is set to complete in second half of 2017 after antitrust clearance in several jurisdictions, including Brazil, Germany and the U.S.   About Companhia Siderúrgica do Atlântico (CSA) The Companhia Siderúrgica do Atlântico (CSA), it is one of the largest steel companies of Brazil and Latin America. The plant went into operation More …

GERMANY > SCA to acquire BSN medical for $ 2.88 bn

SCA_company_logo.svg Sweden based SCA is in process to acquire BSN medical for €2.74 bn ($ 2.88 bn) on a debt- and cash-free basis. The deal is subject to customary regulatory approvals and transactional closing is expected to finish by second quarter 2017. BSN medical develops, manufactures, markets and sells products within wound care, compression therapy and orthopedics. BSN medical has brands More …

GERMANY > IBM Invests US$ 200 Million in its Watson Internet of Things (IoT) Business in Munich

ibm_watson According to it’s press release, IBM is investing US $200 Million in the new global headquarters for its Watson Internet of Things (IoT) business in Munich. The project is centered around the new IoT capabilities around Blockchain and security and its clients that are using embedded technologies. The press release mentions that “As part of a global investment of $3 billion More …