Tag: merger
Australian Aluminium Council, AAEA merger to boost downstream manufacturing
In a major move for the Australian aluminium industry, the Australian Aluminium Council (AAC) has revealed the integration of the Australian Aluminium Extrusion Association (AAEA) into its membership and organisational framework.
Nano Dimension set to acquire Desktop Metal following stockholder approval
Stockholders of Desktop Metal, Inc have approved a merger agreement allowing the company to be acquired by Nano Dimension Ltd, marking a major milestone in the transaction.
EU cup producers unite under CUPSZ brand with Detmold investment
CUPSZ and De Jong Ecocups, prominent European producers of cups and cardboard takeaway packaging, have merged under the CUPSZ brand, bolstered by an investment from Detmold Ventures, an affiliate of the Detmold Group.
3D Systems sets forth an enhanced proposal to merge with Stratasys
3D Systems has submitted an improved proposal to Stratasys' Board of Directors, which would combine the firms in a cash and stock transaction, converting each Stratasys ordinary share into $7.50 in cash and 1.3223 newly issued shares of 3D Systems stock.
Stratasys gets takeover bid from US firm 3D Systems
3D Systems has submitted an unsolicited proposal to acquire Israeli 3D-printing firm Stratasys, which recently entered into a USD 1.8 billion merger agreement with Desktop Metal in late May.
Stratasys and Desktop Metal to merge in deal valued at USD 1.8b
Additive manufacturing companies Stratasys and Desktop Metal have announced they have entered into a definitive agreement where the two companies will combine in an all-stock transaction valued at around USD 1.8 billion (AUD 2.77 billion).
Freightlancer and Loadshift merge
Leading Australian heavy haulage marketplaces Freightlancer and Loadshift today announced an official merger. Both platforms will merge under the Loadshift banner, forming Australia’s largest...
Woodside shareholders approve merger with BHP’s petroleum business
Woodside shareholders approved the proposed merger with BHP Group Limited's petroleum division at yesterday's annual general meeting.
Woodside, which expects completion of the merger to occur on...
BHP, Woodside merge oil and gas portfolios, announce $16bn LNG development
BHP Group and Woodside Petroleum have entered into a share sale agreement to merge their respective oil and gas portfolios, creating global top 10...
Woodside and BHP to create Australia’s largest energy company
Woodside Petroleum and BHP Group have reached an agreement to combine their respective oil and gas businesses by an all-stock merger.
Under the proposed transaction,...
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Building resilience as manufacturing requirements become more complex
The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.
