mergers and acquisitions
Donaldson completes merger
Donaldson Co. Inc., Bloomington, has closed on the acquisition of certain business assets of a Colombia-based filter manufacturer that was originally announced in July 2015.
With the acquisition Donaldson expands its presence in South America by adding the air, fuel and lube filter business of Industrias Partmo S.A. in Bucaramanga, Colombia.
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Business
These are the countries where TikTok is already banned
TikTok is in the crosshairs of authorities in the U.S., where new legislation threatens a nationwide ban unless its China-based parent ByteDance divests. It would be the biggest blow yet to the popular video-sharing app, which has faced various restrictions around the world.
Business
5 cars from the Beijing auto show that reflect China's vision for the future of driving
China's vision of the future of the automobile — electrified and digitally connected — is on display at the ongoing Beijing auto show.
Business
Stock market today: Global benchmarks mostly climb despite worries about US economy
Global shares mostly rose Friday despite worries about the economic outlook and inflation in the U.S. and the rest of the world.
Business
Mining giant Anglo-American rejects BHP Group's $39 billion takeover offer
U.K.-based mining giant Anglo American has rejected a 31 billion pound ($39 billion) takeover offer from BHP Group, saying it significantly undervalues the company and its growth potential.
Business
The TikTok law kicks off a new showdown between Beijing and Washington. What's coming next?
TikTok is gearing up for a legal fight against a U.S. law that would force the social media platform to break ties with its China-based parent company, a move almost certainly backed by Chinese authorities as the bitter U.S.-China rivalry threatens the future of a wildly popular way for young people in America to connect online.
