Kresta has received a takeover bid from a subsidiary of Chinese sunshade maker Ningbo Xianfeng New Material, also known as APLUS.
Holcim New Zealand is going ahead with its plans to close its New Zealand cement manufacturing plant by the second half of 2016.
PPK Group has sold its Arndell Park property to make more mining services acquisitions.
US industrial giant General Electric wants to avoid a bidding war for France-based company Alstom, despite a rival bid from Siemens and Mitsubishi.
Bundaberg-based Microair Avionics is expanding its products to include in-flight entertainment systems.
IBM may sell its chip manufacturing operation to GlobalFoundries, which currently has a technology joint development project with IBM.
A Chinese textile maker has launched a $27 million takeover bid for Perth -based manufacturer of blinds and curtains Kresta Holdings.
Metso has rejected the latest takeover offer from the Weir Group.
Sue Morphet, the former chief executive of Pacific Brands will join the six-person board which is overseeing Asaleo Care, according to the AFR.
Austin Engineering has expanded its mining bucket range, and will acquire South African mining attachment business.
China-based Yanfeng Automotive Trim Systems has signed an agreement with US-based Johnson Controls to form the largest auto interiors company in the world.
Rolls Royce has sold its energy gas turbine and compressor business to Siemens for more than $1.4 billion.
Boral and CSR announced plans on Friday to merge their brick-making operations.
The ACCC has announced this morning that it will allow BlueScope’s purchase of Arrium’s OneSteel sheet and coil assets.
Engineering, fabrication and construction company Fabricor Industries last week purchased fellow Western Australian business FWF Welding Services.
Transpacific has sold its New Zealand business to the Beijing Capital Group.
Bradken has withdrawn its acquisition offer for Austin Engineering.
Australia’s first chocolate manufacturer, Ernest Hillier, has been snapped up by Re:Capital, which plans to take the Hillier’s and Newman’s brands overseas.
Australian steelmaker BlueScope Steel is to buy the assets of Fletcher Building’s Pacific Steel in a $NZ120 million ($A112.16 million) deal.
GE Mining has acquired collision avoidance systems company Infotronix.