GE nears $20 billion deal to merge transportation unit with Wabtec, sources tell Reuters - CNBC

HONG KONG/TORONTO (Reuters) - China's Tianqi Lithium is nearing a deal to buy a 24 percent stake in Chile's Sociedad Quimica Y Minera (SQM), one of the world's biggest lithium producers, for about $4.3 billion, two people close to the transaction said......»»

HONG KONG/TORONTO (Reuters) - China's Tianqi Lithium is nearing a deal to buy a 24 percent stake in Chile's Sociedad Quimica Y Minera (SQM) , one of the world's biggest lithium producers, for about $4.3 billion, two people close to the transaction said......»»

GE which makes locomotives may be merging its transportation business with Wabtec. Result company could be wor.....»»

USA TODAYGE reportedly close to deal to merge transportation unit with WabtecUSA TODAYGeneral Electric is reportedly closing in on a deal to merge i.....»»

General Electric Co. (NYSE: GE) agreed to merge its transportation business, which includes its locomotives manufacturing operations, with Wabtec Corp. (NYSE: WAB) in a $11.1 billion deal, the companies announced Monday morning. One of GE's major .....»»

General Electric has struck a deal with Wabtec to merge the conglomerate's transportation division into a new subsidiary of Wabtec in exchange for $2.9 billion in cash in a deal valued at more than........»»

GE Transportation, the company's train engine.....»»

Miami HeraldGE's stock surges into bull-market territory after deal to merge transportation unit with WabtecMarketWatchShares of General Electric Co. surged Monday, .....»»

General Electric confirmed it was unloading the bulk of its transportation business which makes train engines to Wabtec, a U.S. manufacturer of equipment for the rail industry, in a deal valued at about $11 billion. Aleksandra Michalska reports......»»

A $4.2 billion deal for Boeing to buy the civil jetmaking arm of Brazil's Embraer has hit a roadblock over implementation, threatening its collapse barring a last-minute breakthrough on Friday, people familiar with the talks said......»»

A $4.2 billion deal for Boeing to buy the civil jetmaking arm of Brazil's Embraer has hit a roadblock over implementation, leaving its fate uncertain unless a breakthrough can be found quickly, people familiar with the talks said......»»

Air France-KLM is moving towards a 10 billion euro ($10.9 billion) government-backed rescue deal, sources said, after France agreed to higher guarantees on loans designed to tide the airline group through the coronavirus crisis......»»

Dubai has received commitments from a group of 10 banks for $9 billion in loans to take full control of port operator DP World and refinance debt of state investment vehicle Dubai World, two sources told Reuters......»»

France's Alstom SA is close to clinching a deal to buy Bombardier Inc's train business which will give the unit an enterprise value of $7 billion, according to a source familiar with the matter......»»

Investment group Exor will have around $13 billion in cash provided it closes a deal to sell its reinsurance unit PartnerRe and it would spend most of that on acquisitions, a source close to the matter told Reuters......»»

The United States wants India to buy at least another $5-6 billion worth of American farm goods if New Delhi wants to win reinstatement of a key U.S. trade concession and seal a wider pact, four sources familiar with the talks told Reuters......»»

European buyout fund Eurazeo has hired Citigroup and Evercore to prepare the sale of its payments business Planet in a deal that could value the Irish firm at up to 2 billion euros ($2.22 billion), three sources told Reuters......»»

The logistics unit of Chinese e-commerce company JD.com Inc has held early discussions with banks about a potential overseas IPO that could raise $8 billion to $10 billion, two people with direct knowledge of the matter told Reuters......»»

The deal announced Sunday would give DuPont shareholders 55.4% of the new company's shares, while IFF shareholders will get 44.6%. When the deal closes, DuPont will get a $7.3 billion cash payment, the companies said in a statement......»»

International Flavors & Fragrances Inc on Sunday said it will merge with DuPont Inc's $26.2 billion nutrition & biosciences unit, in a deal that will create a new combined company......»»