The electronics giant is looking to spend 1.5 billion euros on the HVAC business as it struggles with chip sales.

"With all the trade talk and all the negative headlines and the worries about layoffs and a looming recession, people forgot about the benefits to corporate profits from automation and AI" said Oliver ...

The Japanese company reported higher quarterly earnings, supported by its music and movie businesses. The deal with U.S. biotech Septerna will see the companies develop pills to treat obesity, type 2 ...

Samsung Electronics Co acquires FläktGroup for $1.7B, expanding its HVAC business. The deal is expected to capitalize on ...

Samsung, led by Chairman Jay Y. Lee, said at a shareholder meeting in March that it was seeking "significant" deals this year ...

Samsung Electronics Co. has agreed to buy FläktGroup Holding GmbH for €1.5 billion ($1.7 billion), acquiring the European ...

Samsung is acquiring European heating and cooling products' provider FläktGroup for €1.5B, equivalent to an enterprise value ...

Triton has agreed to sell all its shares in FläktGroup, a provider of ventilation, air-condition and fire-safety products, to ...

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Samsung Electronics has agreed to buy Germany's FlaktGroup in what would be the South Korean company's biggest acquisition in eight years, amid growing demand for AI data-center cooling.

Asia-Pacific markets were set to climb Wednesday, after Wall Street benchmarks mostly rose on easing U.S.-China trade ...