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Under the terms of the purchase, Schneider Electric is buying a 75 percent controlling interest in Motivair for an all-cash transaction of $850 million, and intends to buy the rest later. The acquired ...

Oct 17 (Reuters) - Schneider Electric (SCHN.PA), opens new tab will pay about $850 million for a controlling stake in Motivair Corp, a specialist in liquid cooling for high-performance computing ...

China may raise 6 trln yuan in new debt over 3 years- report Part of the funds to ease local govt debt burden - Caixin Global Report follows finance ministry pledge to sharply boost debt BEIJING ...

BEIJING: China may raise an additional 6 trillion yuan (US$850 billion) from special treasury bonds over three years to stimulate a sagging economy, local media reported, a figure that failed to ...