Samsung Electronics said on Wednesday it had agreed to buy Germany's FlaktGroup for 1.5 billion euros ($1.68 billion) as it ...

FläktGroup boasts more than 100 years of technological expertise and design capabilities in the HVAC sector. The company ...

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

South Korea's Samsung Electronics said on Wednesday that it has agreed to acquire all shares of FlaktGroup, a German maker of ...

SEOUL (Reuters) - Samsung Electronics (005930.KS), said on Wednesday it had agreed to buy Germany's FlaktGroup for 1.5 ...

Samsung's acquisition of FläktGroup is intended to strengthen its position in the rapidly growing air conditioning market.

Samsung is set to pay €1.5 billion ($1.68bn) to acquire air cooling systems vendor FläktGroup. Germany-based FläktGroup ...

"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 ...

The order will support 154,000 U.S. jobs annually, the White House said. Shareholders cite lack of a succession plan for supervisory-board chairman Thomas Rabe.

Samsung, through its biggest acquisition in eight years, said it aims to tap demand for data centers for artificial intelligence (AI) projects, which require stable cooling.

Samsung Electronics is acquiring the German company FläktGroup, the largest air conditioning equipment manufacturer in Europe.South Korea’s largest conglomerate ...