Herman Miller acquires Knoll for $1.8 billion

Herman Miller acquires Knoll for $1.8 billion

By Anna Domanska - Apr 20, 2021

Furniture design giant Herman Miller, Inc. announced its $1.8 billion acquisition of competitor Knoll Inc. on Monday. The acquisition comes at a time when the world is undergoing a

Read More
France's water management utilities, Veolia and Suez, finally merge after long battle

France's water management utilities, Veolia and Suez, finally merge after long battle

By Anna Domanska - Apr 12, 2021

Veolia and arch-rival Suez, the two French waste management utility companies, have struck a deal worth nearly 13 billion euros ($15.44 billion)to merge after months of wrangling.

Read More
Axa gears to buy office space worth €800m in European cities

Axa gears to buy office space worth €800m in European cities

By Anna Domanska - Apr 09, 2021

Axa Investment Managers, the French fund house, is not too worried about predictions that the post-pandemic world will see more people working from home and office real estates shr

Read More
G4S of UK to merge with Allied Universal in a deal worth £3.8 billion

G4S of UK to merge with Allied Universal in a deal worth £3.8 billion

By Anna Domanska - Mar 20, 2021

UK security firm G4S will be acquired by its North American rival Allied Universal in a £3.8 billion deal. Allied was the final winner in the months-long battle that saw other riv

Read More
Accor reports $2.5 billion loss, hopeful of a recovery by next year

Accor reports $2.5 billion loss, hopeful of a recovery by next year

By Anna Domanska - Feb 25, 2021

Accor, Europe’s largest hotel chain, reported a $2.5 billion net loss in 2020 due to the deterioration in the industry linked to the spread of the COVID-19 virus worldwide and lo

Read More
Prefabricated Skyscrapers by ADDP Pave the Way for Future Construction

Prefabricated Skyscrapers by ADDP Pave the Way for Future Construction

By Christy Gren - Aug 04, 2020

ADDP, a Singapore-based firm has come up with prefabricated skyscrapers, which will be aesthetic, built offsite and provide an efficient and environment-friendly way to construct

Read More
Coachella Pushed To 2021, Live Events Companies Carry Out Deep Cuts

Coachella Pushed To 2021, Live Events Companies Carry Out Deep Cuts

By Anna Domanska - Jun 11, 2020

The Coronavirus pandemic’s tentacles have managed to strangulate almost every industry across the world. Some have suffered more than others, especially those profited from h

Read More
Baluchon’s Mogote, a $87,500 Tiny House on Wheels

Baluchon’s Mogote, a $87,500 Tiny House on Wheels

By Anna Domanska - May 29, 2020

Baluchon, a French company that builds customized small houses, has launched a tiny house on wheels named Mogote that can comfortably sleep four people. A loft-style tiny house on

Read More
Hertz Bankruptcy Filing Reflects Grim COVID-19 Realities

Hertz Bankruptcy Filing Reflects Grim COVID-19 Realities

By Anna Domanska - May 23, 2020

Hertz Global Holdings Inc., one of the nation’s largest car-rental companies, is the latest victim of an economic downturn spurred by the COVID-19 pandemic. The Estero, Florida-b

Read More