James Hardie to sell European operations to Holcim for $980 million

CHICAGO: James Hardie Industries plc, a building materials provider, announced it will sell its European sustainable walling and flooring business, Fermacell, to Swiss rival Holcim for €840 million (approximately $980 million) in cash…

Web Desk August 21, 2026

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Crest Group acquires ultrasonic rival Dukane in private equity-backed deal

NEW YORK: The Crest Group, a global industrial technology manufacturer, has acquired Dukane, a manufacturer of ultrasonic solutions and plastic joining technologies. Financial terms were not disclosed. Crest, which manufactures ultrasonic cleaning and…

Web Desk August 19, 2026

Wire

Alibaba to sell Lingxi Games to Trustar Capital for over $2 billion

HONG KONG: Alibaba Group is set to sell its game development unit, Lingxi Games, to private equity firm Trustar Capital for more than $2 billion, a person familiar with the matter told…

Web Desk August 17, 2026

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Anthropic’s revenue soars more than 1,400% as company eyes blockbuster IPO

PALO ALTO: Anthropic’s revenue surged more than 14-fold in the second quarter from a year earlier, Bloomberg News reported Friday, underscoring the rapid growth of the Claude chatbot maker as…

Web Desk August 15, 2026

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DecisionPoint Technologies acquires 5th Wave Mobile Technology

BALTIMORE: DecisionPoint Technologies, a leader in end-to-end enterprise mobility and edge technology solutions, said Monday it has acquired 5th Wave Mobile Technology, a specialized provider of mobile computing, barcoding, RFID…

Web Desk August 11, 2026

Wire

Paradium.AI acquires InfoSentience to scale automated content generation

NEW YORK: The Arena Group Holdings Inc., doing business as Paradium.AI, has acquired InfoSentience, an automated natural language generation company, as the media publisher continues its shift toward an AI-driven…

Web Desk August 11, 2026

Wire

Argan Inc. has acquired ValCor Communications for $8.3 million

ARLINGTON: Argan Inc. has acquired ValCor Communications LLC, a Connecticut-based provider of network installation and maintenance services, in a deal valued at approximately $8.3 million, a statement said. The transaction, which closed…

Web Desk August 5, 2026

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Limbach Holdings acquires CYMCOR for $30 million to expand data center footprint

Deal positions building systems firm to capture growing demand in mission-critical infrastructure market PITTSBURGH: Limbach Holdings, Inc. (Nasdaq: LMB) has acquired CYMCOR, Inc., a professional services firm specializing in program management…

Web Desk August 5, 2026

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Morgan Stanley acquires Australian gas pipeline operator Epic Energy

Deal strengthens critical energy connectivity to South Australia amid rising renewable integration SYDNEY: Morgan Stanley Investment Management, through its private infrastructure platform Morgan Stanley Infrastructure Partners (MSIP), announced today it has agreed…

Web Desk July 28, 2026

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Mitigram acquires trade intelligence platform eexpand

NEW YORK: Mitigram, a global digital platform for trade finance, announced Wenesday it has acquired Export Enterprises SA, the parent company of the trade intelligence platform eexpand. The acquisition includes all of eexpand’s core…

Web Desk July 22, 2026

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Sanctions possible if China stole US AI tech

WASHINGTON: Treasury Secretary Scott Bessent said Tuesday the Trump administration will investigate whether Chinese artificial intelligence models were built using technology stolen from American companies, warning that sanctions could follow…

Web Desk July 21, 2026

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GM revs up gas-powered Cadillacs as EV push takes a backseat

DETROIT: General Motors is hitting the brakes on its all-electric ambitions, announcing plans to roll out a new generation of gas-powered Cadillac models starting next spring. The move marks a…

Web Desk July 21, 2026