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Siemens Buys Software Maker Mentor Graphics for $4.5 Billion

Siemens Buys Software Maker Mentor Graphics for $4.5 Billion

Siemens AG agreed to buy Mentor Graphics Corp. for $4.5 billion in its biggest acquisition since 2014 as the German engineering company extends its industrial software capability. Siemens will pay $37.25 a share for Wilsonville, Oregon-based Mentor, the industrial giant said in a statement on Monday. That’s 21 percent above the closing price on Friday.…

Dollar climbs as U.S. yields spike; Asia shares divided

The U.S. dollar hit a nine-month peak in Asia on Monday as the risk of faster domestic inflation and wider budget deficits sent Treasury yields ever higher, a painful mix for assets in many emerging market countries. The reflation trade saw E-mini futures for the S&P 500 ESc1 add another 0.5 percent and spread betters…