"With all the trade talk and all the negative headlines and the worries about layoffs and a looming recession, people forgot about the benefits to corporate profits from automation and AI" said Oliver ...

Samsung's acquisition of FläktGroup is intended to strengthen its position in the rapidly growing air conditioning market.

SEOUL (Reuters) - Samsung Electronics (005930.KS), said on Wednesday it had agreed to buy Germany's FlaktGroup for 1.5 ...

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 ...

Samsung Electronics Co acquires FläktGroup for $1.7B, expanding its HVAC business. The deal is expected to capitalize on ...

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 ...