Daikin to acquire Goodman

Daikin to acquire Goodman

OSAKA, Japan - Noriyuki Inoue (L), chairman and chief executive officer of Daikin Industries Ltd., and David Swift, president and chief executive officer of Goodman Global Inc., shake hands during a press conference in Osaka on Aug. 29, 2012. Daikin, the world's largest air conditioner maker, said the same day it will acquire U.S. rival Goodman for $3.7 billion, or about 290 billion yen, by the end of 2012.

ASEAN plus 6 nations approve $290 bil. Asian development plan

ASEAN plus 6 nations approve $290 bil. Asian development plan

DANANG, Vietnam - Participants take part in an unofficial meeting of economic ministers from the 10-member Association of Southeast Asian Nations, Japan, China, South Korea, India, Australia and New Zealand in Danang, Vietnam, on Aug. 26, 2010. The conference approved a $290 billion plan to integrally develop infrastructure in a region covering ASEAN, China and India. (Pool photo by Kyodo News)

ASEAN plus 6 nations approve $290 bil. Asian development plan

ASEAN plus 6 nations approve $290 bil. Asian development plan

DANANG, Vietnam - Participants shake hands at an unofficial meeting of economic ministers from the 10-member Association of Southeast Asian Nations, Japan, China, South Korea, India, Australia and New Zealand in Danang, Vietnam, on Aug. 26, 2010. The conference approved a $290 billion plan to integrally develop infrastructure in a region covering ASEAN, China and India. (Pool photo by Kyodo News)

ASEAN plus 6 nations approve $290 bil. Asian development plan

ASEAN plus 6 nations approve $290 bil. Asian development plan

DANANG, Vietnam - Participants shake hands at an unofficial meeting of economic ministers from the 10-member Association of Southeast Asian Nations, Japan, China, South Korea, India, Australia and New Zealand in Danang, Vietnam, on Aug. 26, 2010. The conference approved a $290 billion plan to integrally develop infrastructure in a region covering ASEAN, China and India. (Pool photo by Kyodo News)(Kyodo)

ASEAN plus 6 nations approve $290 bil. Asian development plan

ASEAN plus 6 nations approve $290 bil. Asian development plan

DANANG, Vietnam - Participants take part in an unofficial meeting of economic ministers from the 10-member Association of Southeast Asian Nations, Japan, China, South Korea, India, Australia and New Zealand in Danang, Vietnam, on Aug. 26, 2010. The conference approved a $290 billion plan to integrally develop infrastructure in a region covering ASEAN, China and India. (Pool photo by Kyodo News)(Kyodo)