STOCKHOLM: Sveafastigheter AB (publ) and KlaraBo Sverige AB announced Monday that their boards have approved a merger plan to combine the two residential real estate firms in a statutory transaction that will create a platform of about 26,500 apartments. Under the terms of the deal, which is structured as an absorption merger with Sveafastigheter as the surviving…
LONDON: American Axle & Manufacturing Holdings Inc. (AAM) and Dowlais Group have reached an agreement on the terms of a recommended cash and share offer by AAM for Dowlais’ entirety of issued and to-be-issued ordinary share capital, marking a significant merger for both companies. The merged entity, referred to as the Combined Group, will emerge…
LONDON, UK: Saint-Gobain and the Turkish group Dalsan have entered into a joint-venture agreement pursuant to which they will merge their plaster and plasterboard activities in Turkey. Together, Saint-Gobain Rigips and Dalsan Alçi generated revenues in excess of €100 million in 2021. They will benefit from a leadership position with an annual production capacity of…