Recent Posts

Philips confident of sales growth

  Bloomberg Royal Philips NV said a strong order book and resilient performance in markets including China and India would allow the Dutch health-care equipment provider meet sales targets, even as uncertainty surrounding US policy led hospitals there to delay spending. The company reiterated a full-year revenue growth target of between 4 percent and 6 percent for its health technology ...

Read More »

Akzo Nobel to consider PPG’s sweetened $29bn takeover offer

  Bloomberg Akzo Nobel NV said it would consider PPG Industries Inc.’s new unsolicited 26.9 billion euros ($28.8 billion) takeover bid, which the US rival extended with “one last invitation” for Europe’s largest coatings company to negotiate a deal. Akzo Nobel will “carefully review and consider” the proposal, the Amsterdam-based company said in a statement on Monday. PPG earlier offered ...

Read More »

SLM taps Lazard to study options after GE failed bid

  Bloomberg SLM Solutions AG has hired Lazard Ltd. to help it explore strategic options six months after General Electric Co. withdrew a 680 million-euro ($737 million) offer for the 3-D printing company, according to people familiar with the matter. The review could lead to the sale of a stake in the Luebeck, Germany-based company or even a complete takeover, ...

Read More »
Send this to a friend