Bloomberg Cabot Microelectronics Corp. agreed to acquire KMG Chemicals Inc. for $1.2 billion in an effort to strengthen its position as a supplier to the semiconductor industry. “KMG’s industry-leading electronic materials business is highly complementary” to Cabot’s portfolio in polishing pads for chipmakers, Cabot Chief Executive Officer David Li said in a prepared statement. “Its performance-materials business broadens our product ...

Bloomberg Atlantia Spa’s Autostrade arm will hold an emergency meeting as top executives come under pressure to quit after dozens died when an Italian bridge it operated collapsed, people with knowledge of the matter said. The extraordinary board meeting is expected to be held next week to consider the impact of the disaster in Genoa, which killed at least 39 ...

Bloomberg Increases in Toronto pushed Canadian housing sales higher for a third month, further evidence the country’s real estate market is regaining strength after it stumbled at the start of this year. Transactions nationwide rose 1.9 percent from June to 38,612, bringing them back towards the 10-year average, the Canadian Real Estate Association said from Ottawa. Sales in Toronto advanced ...