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Recent Industry News

Date: 2012-07-30
Reuters: Deals of the day -- mergers and acquisitions

July 30 2012                                
(Taken from Reuters,
July 30 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S., Canadian and Asian companies were reported by 2015 GMT on Monday.
** Major shareholders of Korea Aerospace Industries (KAI) will kick off an estimated 1.2 trillion-won ($1.05 billion) stake sale on Tuesday, but success is yet assured, with just one potential bidder showing interest so far.
** Chicago Bridge & Iron Co said on Monday that it would buy Shaw Group Inc for about $3 billion in cash and stock to create a big engineering and construction company focused on the energy industry.
** Diversified U.S. manufacturer Roper Industries Inc said it will buy privately held Sunquest Information Systems Inc, a provider of diagnostic and laboratory software services to healthcare providers, for about $1.4 billion in cash.

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