63.6 F
New York
Tuesday, May 11, 2021
Home Industrials

Industrials

Industrial company and market news.

Travelport Worldwide Limited (NYSE: TVPT) announced on December 10 that it has entered into a definitive agreement to be acquired by Siris Capital Group and Evergreen Coast Capital Corp. in a transaction worth approximately $4.4 billion. All outstanding common shares of Travelport will be purchased by Siris...
NCI Building Systems, Inc. (NYSE: NCS) and Ply Gem Parent, LLC announced on July 17th that they have agreed to an all-stock merger valued at approximately $3.6 billion. Ply Gem shareholders will receive 58.7 million shares from NCI. NCI shareholders will own approximately 53% of the combined...
The United States and China announced a phased trade deal agreement on Friday. The “Phase One” agreement promises to reduce some tariffs with the understanding that the Chinese would purchase more American farm goods and similar goods. As part of the agreement, Beijing will...
Univar Inc announced the acquisition of Nexeo Solutions $1.8B in cash and stock representing a 16% premium to the last closing price. The transaction will make for a combined chemicals distributor with revenues of nearly $12B.  The acquisition is expected to yield approximately $100M in cost savings...
credit: wikimedia commons L3 Technologies Inc. (NYSE: LLL) and Harris Corporation (NYSE: HRS) announced on October 14 that they have agreed to enter into an all stock merger of equals. This merger is part of the two companies’ shared goal of creating a...
The United States Steel Corporation, an integrated steel producer, says it plans to lay off up to 1,545 of its workers. The workers facing layoffs are employed at the Great Lakes Works facility in Michigan. The U.S. Steel Corp recently decided to pause a significant portion of...