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Boston Scientific wraps up $4.2bn acquisition of BTG

Boston Scientific wraps up $4.2bn acquisition of BTG

Boston Scientific acquisition of BTG : US medical devices manufacturer Boston Scientific has wrapped up its previously announced $4.2 billion acquisition of UK-based healthcare company BTG. In November 2018, Boston Scientific reached an agreement on the terms of a recommended offer to acquire the British healthcare company for a cash consideration of 840 pence per […]

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Kudankulam nuclear power plant : Rosatom completes delivery of main equipment for unit 3

Kudankulam nuclear power plant : Rosatom  completes delivery of main equipment for unit 3

ASE (Rosatom State Corporation Engineering Division) has completed the supplies of the main equipment for the third unit of the 6GW Kudankulam nuclear power plant (Kudankulam NPP) in India. The Kudankulam power plant is located in Koodankulam, Tirunelveli district in the southern Indian state Tamil Nadu. The Indian nuclear power plant, which will feature a total […]

Reliance Industries to sell 20% stake in O2C unit to Saudi Aramco for $15bn

Reliance Industries to sell 20% stake in O2C unit to Saudi Aramco for $15bn

Saudi Aramco and Reliance Industries (RIL) have signed a non-binding letter of intent (LOI) for a proposed investment by the former for a 20% stake in the Indian conglomerate’s Oil to Chemicals (O2C) division in a deal worth $15bn. The deal is considered to be one of the largest foreign direct investments in India. The […]

Messer commissions new production facility for industrial gases in Vietnam

Messer commissions new production facility for industrial gases in Vietnam

Messer, a German industrial gases company, has commissioned an air separation plant in Dung Quat, Vietnam, located on the site of the new steelwork of the Hoa Phat Group. The new air separation facility will supply air gases to the Vietnamese steel producer directly through a gas pipeline. The new air separation plant in Dung […]