Herman Miller acquires Knoll for $1.8 billion
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
France's water management utilities, Veolia and Suez, finally merge after long battle
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.
Axa gears to buy office space worth €800m in European cities
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
G4S of UK to merge with Allied Universal in a deal worth £3.8 billion
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
Accor reports $2.5 billion loss, hopeful of a recovery by next year
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
Prefabricated Skyscrapers by ADDP Pave the Way for Future Construction
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
Coachella Pushed To 2021, Live Events Companies Carry Out Deep Cuts
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
Baluchon’s Mogote, a $87,500 Tiny House on Wheels
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
Hertz Bankruptcy Filing Reflects Grim COVID-19 Realities
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