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Chinese-owned firm acquires UK’s largest semiconductor manufacturer

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The UK’s largest producer of semiconductors has been acquired by the Chinese-owned manufacturer Nexperia, prompting a senior Tory MP to call for the government to review the sale to a foreign owner during an increasin...

US-owned Cobham close to takeover of UK defence manufacturer Ultra

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Defence manufacturer Ultra Electronics is on the verge of accepting a takeover offer from rival Cobham, in a move that would further extend the private equity industry’s grip on the British aerospace sector. Ultra sai...

Australia’s Future Fund has invested over $90m in weapons manufacturer Raytheon

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Australia’s sovereign wealth fund, the Future Fund, has invested more than $90m in weapons manufacturer Raytheon Technologies, whose laser-guided bomb was allegedly used in an airstrike on a detention centre in Yemen ...

Sandy Hook families reach $73m settlement with gun manufacturer

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A gunmaker has been held liable for a mass shooting in the United States for the first time after Remington Arms agreed to pay $73m to the families of five adults and four children killed in the Sandy Hook elementary ...