Tag: Mitsubishi
Germany/Japan: Siemens, Mitsubishi discuss merger of turbine units
Bloomberg reported that Siemens is exploring options for its struggling gas turbine business, and could look to form a joint venture with Japan’s Mitsubishi...
Brazil: CADE fines Toshiba and Mitsubishi
Brazil’s competition authority CADE has fined Toshiba and Mitsubishi US$1.1 million for their roles in the global gas-insulated switchgear (GIS) cartel.
The investigations initiated in...
EU: Renault-Nissan merger might not happen
We had earlier reported that the the Renault-Nissan merger might not happen till 2020. However, according to a report in Reuters, Renault absorbing Nissan...
Australia: Glencore to pay US$1.4b for coal mine stake
Swiss mining company Glencore has agreed to purchase a 49% stake in Hunter Valley coal industry for US$1.4 billion.
The deal involves Glencore buying a...
Japan/Israel: Mitsubishi Tanabe buying NeuroDerm for US$1.1b
On July 24, the sale of clinical stage pharmaceutical company NeuroDerm Ltd to Mitsubishi Tanabe Pharma Corp was announced. The deal showed a 79%...
Japan: Mitsubishi and Nissan chairman rules out merger
Japanese carmakers Mitsubishi Motors and Nissan Motor are not looking at plans for a merger between the two companies, according to Carlos Ghosn, the...