The order will support 154,000 U.S. jobs annually, the White House said. Shareholders cite lack of a succession plan for supervisory-board chairman Thomas Rabe.

Samsung Electronics is acquiring the German company FläktGroup, the largest air conditioning equipment manufacturer in Europe.South Korea’s largest conglomerate ...

FläktGroup was formed in October 2016 through the merger of DencoHappel, previously part of the Galapagos group, a Triton Fund IV investment, with the newly acquired FläktWoods. Under Triton's ...

Samsung is set to pay €1.5 billion ($1.68bn) to acquire air cooling systems vendor FläktGroup. Germany-based FläktGroup ...

Samsung Electronics said on Wednesday it had agreed to buy Germany's FlaktGroup for 1.5 billion euros ($1.68 billion) as it ...

The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Wednesday: ** Databricks said it would buy database startup Neon in a deal valued at about $1 billion, aiming to ...

Indian benchmark indices closed higher on Wednesday, rebounding from their steepest single-day drop in a month. The recovery ...

Samsung, led by Chairman Jay Y. Lee, said at a shareholder meeting in March that it was seeking "significant" deals this year ...

FläktGroup boasts more than 100 years of technological expertise and design capabilities in the HVAC sector. The company ...

Triton has agreed to sell its shares in FläktGroup, a European specialist in energy-efficient ventilation and precision-cooling solutions, to Samsung Electronics for €1.5bn.

TensorWave, a data center provider building facilities primarily with AMD hardware, has raised $100 million as it seeks to ...

Samsung Electronics Co. has agreed to buy FläktGroup Holding GmbH for €1.5 billion ($1.7 billion), acquiring the European ...