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M&A

Business

Turkey’s Baykar acquires Italy’s Piaggio Aerospace

In strategic EU expansion plan Turkish technology firm Baykar has secured approval from the Italian government to acquire Piaggio Aerospace, a renowned Italian aviation manufacturer. The Turkish company says the acquisition will boost its presence in the European Union and mark a new era for the long-established aerospace giant. Baykar’s offer outbid two other contenders
Corporate Jewellery

Richemont Acquires High-End Jewellery Maker Vhernier

Brand’s Jewels Are Handcrafted In Valenza In a move set to redefine the landscape of high-end jewellery, luxury conglomerate Richemont has announced its acquisition of Vhernier., the renowned Italian jewellery maison. The deal entails Richemont obtaining 100% ownership of Vhernier in a private transaction, marking a strategic expansion for both entities. Established in