12 January 2018
M&As this week: Fujian Construction Engineering, Groupe Constructo, Anhui Zhongqian Construction Engineering
Shenzhen Weiye Decoration Group has agreed to acquire a 66% stake in Fujian Construction Engineering.
Deal News
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12 January 2018
Deals this week: CITIC Group, Kraemer/IHC, bmJV
CITIC Group has raised $500m in gross proceeds through an offering of 4% of international bonds to the public.
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10 January 2018
DeepMap and SAIC partner on autonomous vehicle mapping
DeepMap is set to partner with SAIC Motor Innovation Center under a multi-year collaboration for high-definition (HD) mapping and localisation that forms an important part of autonomous vehicle (AV) software.
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10 January 2018
Uber to use NVIDIA technology for autonomous vehicles
Uber has selected NVIDIA’s technology for the AI computing system in its self-driving vehicle fleet to improve operations.
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9 January 2018
Mobileye and DGT partner to increase road safety in Spain
Mobileye, an Intel Company, and Spain’s road safety authority Directorate General of Traffic (DGT) are set to collaborate to reduce road accidents in the country.
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8 January 2018
Bosch and Continental to buy 5% stakes in digital mapping firm HERE
German firms Bosch and Continental have agreed to acquire 5% indirect ownership stakes each in digital mapping and location services provider HERE.
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8 January 2018
CDOT signs $248m contract to expand North I-25 Express Lanes
The Colorado Department of Transportation (CDOT) in the US has signed a $248m contract with Kraemer/IHC to build an Express Lane in both directions on I-25 from Johnstown to Fort...
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5 January 2018
Deals this week: Gayatri Projects, Lindsay Corporation, Republika Srpska
Indian construction firm Gayatri Projects intends to raise Rs10bn ($156.6m) through the issue of securities to qualified investors in the market.
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5 January 2018
Baidu and BlackBerry partner for Apollo autonomous driving platform
Baidu has signed a statement of intent to use BlackBerry QNX’s ISO26262 ASIL-D certified safety operating system (OS) for its Apollo autonomous driving open platform.
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22 December 2017
NZ Transport Agency signs deal for NCI Project
New Zealand (NZ) Transport Agency has signed a contract with two construction and two design companies to build the Northern Corridor Improvements (NCI) Project.