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More than two years after acquiring PCC Warren Buffett has no regrets (US)
More than two years after acquiring Precision Castparts Corp. at a cost of $37.2 billion, Berkshire Hathaway Inc.’s leadership has no regrets — about the acquisition, or the man in charge of the...
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ATI Acquires Aerospace & Defense Additive Manufacturer Addaero (US)
Allegheny Technologies Incorporated ATI, +0.34% today announced that it has acquired Addaero Manufacturing (Addaero), a leader in metal alloy-based additive manufacturing for the aerospace and defense...
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Arconic weighs $11 billion offer from Apollo (US)
Aluminum products maker Arconic Inc’s (ARNC.N) board of directors is mulling an $11 billion acquisition offer it received last Friday from buyout firm Apollo Global Management LLC (APO.N), according...
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Pratt and Whitney Sells Israeli Carmel Forge Facility (US)
Bet Shemesh Engines signed an agreement to buy Pratt and Whitney-owned jet parts manufacturer Carmel Forge for $ 58.5 million. Carmel Forge will continue to supply parts to Pratt & Whitney under...
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Fujian Sangang buys bankrupt Laiwu Steel in Xinjiang (US)
BEIJING (Reuters) – China’s government-backed Fujian Sangang Group purchased iron- and steel-making capacity from a bankrupt plant in western China, the company said on Monday, allowing the company to...
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EU Commission opens investigation about acquisition of VDM by Aperam in...
At this stage, the Commission is concerned that, following the transaction, customers would face reduced choice of suppliers, as well as higher prices, for nickel alloy plates and sheets, and for...
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Melrose weighs options after ‘low-ball’ bids for GKN Powder Metallurgy unit (US)
The industrialists who bought GKN, the British engineering group, in a controversial £8bn deal this year are weighing options for one of its key divisions after receiving a string of “low-ball”...
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MetaFensch à Uckange : le défi de l’aluminium (FR)
La plateforme de recherche MetaFensch, à Uckange près de Thionville, et l’Institut IRT M2P travaillent à l’installation d’une tour d’atomisation capable de réduire les chutes d’aluminium en poudre...
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Sidenor finalise la vente d’une partie de l’usine Reinosa au groupe NFL (FR)
Sidenor a presque finalisé la vente d’une partie de ses installations de Reinosa au groupe nord-américain NFL, qui reprendrait la division des pièces de grande taille, dans le but de: renforcer la...
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Arconic sells business unit in a $62 million deal (US)
Pittsburgh-based Arconic Inc. (NYSE: ARNC) reported an agreement to sell its U.K. forging business in a $62 million deal with Aero Forgings Bidco Limited. The company intends to close the transaction...
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