Prysmian Group to acquire US company Gulf Coast Downhole Technologies
Prysmian Group, world leader in the energy and telecom cable systems industry, has inked an agreement to acquire 100% of the privately-held US company Gulf Coast Downhole Technologies (GCDT) for an initial consideration,…
Sterlite to acquire Elitecore Technologies
India’s Sterlite Technologies is closing the acquisition of Elitecore Technologies, a global telecom software company, for an enterprise value of around INR 1.8 billion ($27.3 million) in an all-cash deal. Established in 1999,…
Anixter acquires Power Solutions segment from HD Supply
The US’ Anixter International bought of the Power Solutions segment of HD Supply for $825 million. The acquisition, which is the largest in Anixter’s history, is expected to be accretive to earnings in…
