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LATEST NEWS - Acquisitions + Mergers

Kirloskar Brothers Acquires Rodelta Pumps

10.09.2015 -

Kirloskar Pompen B.V, a 100% subsidiary of Kirloskar Brothers International (KBI) has completed the acquisition of Netherlands-based Rodelta Pumps International. Rodelta is engaged in manufacturing of API and Non-API Pumps for Oil & Gas, Pulp & Paper, Water, Chemical and various other applications since 1946.

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Publication of BWT Documents for Merger with BWT Holding AG and Delisting

27.07.2015 -

As announced on 28 May 2015, the Management Board of BWT Aktiengesellschaft (BWT Group), which is listed on the official trading of the Vienna Stock Exchange, intends to propose to the Annual General Meeting on 25 August 2015 the merger of BWT Aktiengesellschaft with an unlisted company (BWT Holding AG) by way of absorption. The Supervisory Board has approved the planned merger.

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Halliburton and Baker Hughes Provide Update on Proposed Acquisition

22.07.2015 -

Halliburton Company and Baker Hughes Incorporated (NYSE: BHI) today announced that they have entered into a timing agreement with the Antitrust Division of the U.S. Department of Justice (DOJ) pursuant to which both companies have agreed to extend the period for the DOJ’s review of Halliburton’s previously announced acquisition of Baker Hughes to the later of November 25, 2015 or 90 days after both companies have certified substantial compliance with the DOJ’s second request.

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