Advanced Drainage Systems to buy Norma Group's water management business in $1 billion deal-February 2024-www.financetom.com

Advanced Drainage Systems to buy Norma Group's water management business in $1 billion deal

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Advanced Drainage Systems to buy Norma Group's water management business in $1 billion deal

Sep 22, 2025 11:10 PM

Sept 23 (Reuters) - Advanced Drainage Systems ( WMS )

said on Tuesday that it will buy German automotive and

industrial supplier Norma Group's water management

business in a deal valued at about $1 billion.

(Reporting by Ruchika Khanna in Bengaluru)

Previous page： India's Enforcement Directorate files case against Myntra over FDI violations Next page： Tariffs and conflicts loom large over Merz and Macron's working dinner

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

India's Enforcement Directorate files case against Myntra over FDI violations

Jul 23, 2025

July 23 (Reuters) - India's Enforcement Directorate on Wednesday said it has filed a complaint against Walmart's ( WMT ) Myntra for alleged violation of foreign direct investment regulations. ($1 = 86.3840 Indian rupees) (Reporting by Abinaya Vijayaraghavan; Editing by Mrigank Dhaniwala) ...

Tariffs and conflicts loom large over Merz and Macron's working dinner

Jul 23, 2025

BERLIN, July 23 (Reuters) - German Chancellor Friedrich Merz will host French President Emmanuel Macron for talks over dinner in Berlin on Wednesday, with Europe's battle to soften incoming U.S. tariffs and support for Ukraine expected to top a packed agenda. The meeting, taking place at Villa Borsig in the German capital's leafy outskirts, brings together the leaders of Europe's...

Australia's WiseTech to cut some jobs in AI-driven efficiency push

Jul 23, 2025

(Reuters) -Australia's WiseTech Global confirmed on Wednesday it was cutting some roles as part of a workforce review to focus on maximizing efficiency via automation and use of artificial intelligence. The software firm did not specify the number of jobs to be impacted in an emailed response to a Reuters query. The Australian Financial Review reported earlier in the day...

Google agrees $36 million fine for anti-competitive deals with Australia telcos

Aug 17, 2025

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...