Jean-Claude Arnobit
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ChemChina Improves Offer To Buy Syngenta, Annouces Plan To Purchase Company In 2 Stages
China National Chemical Corp. (ChemChina) has improved its offer to acquire Syngenta AG and mark the biggest acquisition by a Chinese company, people with knowledge of the matter told Bloomberg.
Century Aluminum Reaches Power Agreement With Santee Cooper, Mt. Holly Smelter To Operate At Half Capacity
Century Aluminum Company has said in a press release that Century Aluminum of South Carolina, Inc., its wholly-owned subsidiary, has reached an agreement in principle with Santee Cooper.
USW Reaches Tentative Agreement With U.S. Steel, Contract Awaiting Ratification From Members
The United Steelworkers (USW) has announced in a press release that the union’s bargaining committee has reached a tentative agreement on a new contract with U.S. Steel Corporation that will cover 18,000 workers at more than a dozen facilities.
Amazon Looking To Launch Air Delivery Business To Avoid Delays From Carriers
Amazon.com, Inc. is looking to launch its own air delivery service, as the company is negotiating to lease 20 Boeing 767 jets, cargo industry executives told The Seattle Times.
Isis Pharmaceuticals Changes Name To Ionis To Avoid Association With Jihadist Militant Group
Isis Pharmaceuticals, Inc., the leading company in RNA-targeted drug discovery and development, has announced in a press release that has changed its name to Ionis Pharmaceuticals, Inc. for obvious reasons.
GSK To Acquire HIV Assets Of Bristol-Myers Squibb, Compelement ViiV Healthcare's Existing Portfolio
GlaxoSmithKline plc (GSK) has announced in a press release that it will be acquiring Bristol-Myers Squibb’s late-stage HIV R&D assets and its portfolio of preclinical and discovery stage HIV research assets. The HIV assets complement GSK’s global HIV business ViiV Healthcare’s existing portfolio.
GM Financial To Build Operations Facility in San Antonio: Could Create Nearly 500 Local Jobs
General Motors (GM) Financial Company, Inc., the financial arm of GM Company, has announced in a press release this week that it will be building a financial servicing center in San Antonio, Texas.
Donald Washkewicz Retires As Chairman Of The Board Of Parker Hannifin, The Company's CEO Thomas Williams Will Replace Washkewicz
Parker Hannifin Corporation, the global leader in motion and control technologies, has announced in a press release published GlobeNewswire that Donald E. Washkewicz will be retiring as chairman of the board of directors, effective December 31, 2015. Washkewicz, who began his career as an engineer in 1972 in the Hose Products Division, has dedicatedly serve Parker Hannifin for 43 years.
LifeLock To Settle FTC Charges Of Violating 2010 Order, Will Pay Consumers $100 Million
The Federal Trade Commission (FTC) has said in a press release that LifeLock, Inc. will settle the contempt charges that the FTC has filed against them alleging that they violated the terms of a 2010 federal court order. The company agreed to pay $100 million to settle the charges.
Lee Enterprises Announces Leadership Changes, Part of Planned Leadership Transition
Lee Enterprises, Inc., a leading digital and print provider of local news, information and advertising in 50 markets, has announced in a press release changes in its leadership. Mary E. Junck, the current chairman, president and CEO of Lee Enterprises, will step down as president and CEO and become the executive chairman of the company. Replacing Junck as the new president and CEO of the company is Kevin D. Mowbray, the current executive vice president and COO.
Gillete Files Lawsuit Against Dollar Shave Club, Sells Patented Razors
The Gillette Company, a wholly-owned subsidiary of the Proctor & Gamble Company (P&G), has filed a lawsuit against the Dollar Shave Club, a marketer and retailer of shaving products, according to a press release issued by the Gillette. The lawsuit, which was filed in the District of Delaware, cites the unauthorized use of patented technology that is intended to protect Gillette’s significant investment in razor technology.
Zurich Acquires Rural Community Insurance Services, Expands Its Existing Portfolio Of Products And Services
Zurich Insurance Group has announced in a press release that it will be acquiring 100 percent of Rural Community Insurance Services, a leading provider of agricultural insurance in the U.S., from Wells Fargo & Company. The acquisition will expand Zurich’s existing portfolio of products and services, and strengthen its top five position in the U.S. commercial insurance.
China Southern Airlines To Buy Airplanes from Boeing To Facilitate Optimization Of Company's Fleet Structure
The China Southern Airlines Company Ltd. has said in a statement that it will be purchasing 110 airplanes from Boeing Co. worth more than $10 billion.
Shaw Communications Announces Plans To Acquire WIND Mobile To Enhance Product Offerings
Shaw Communications Inc. has announced in a press release that it will be acquiring a 100 percent interest in Mid-Bowline Group Corp. and its subsidiary, WIND Mobile Corp., for approximately $1.16 billion.
AstraZeneca Acquires Majority Stake In Acerta, Boosts Key Area In Comprehensive Oncology Portfolio
AstraZeneca Plc has announced in a press release that it has acquired a 55 percent stake in Acerta Pharma BV, a privately-owned biopharmaceutical company based in the Netherlands and U.S.
Washington State Sues iYogi And Its President For Alleged Scam And Scare Tactics
Attorney General of Washington State Bob Ferguson has announced in a press release that they are suing iYogi, one of the biggest independent tech support providers in the world, and its president, Vishal Dhar.
Nasdaq Names Adena Friedman As New Chief Operating Officer
Nasdaq Inc. announced Wednesday in a press release that Adena Friedman, who currently serves as the president of the company, has been appointed as the company's new COO, effective immediately.
Courtney Holt To Replace Ynon Kreiz As President And Head Of Maker Studios
The Walt Disney Company has announced in a press release that Ynon Kreiz, the president and head of Maker Studios, will be leaving the company. The company is promoting Courtney Holt, the current chief strategy officer, to executive vice president and head of Maker Studios, effective immediately.
Trader Joe's Recalls Triple Ginger Brew Due To Reports Of Unopened Bottles Exploding
Trader Joe’s has announced in a press release, published by the U.S. Food and Drug Administration, that they are voluntarily recalling the company’s Triple Ginger Brew. The recall is due to reports of unopened bottles potentially bursting.
Barclays To Sell Risk Analytics And Index Solutions Business To Bloomberg, Part Of Strategy To Reduce Non-Core Assets
Barclays PLC has announced in a press release that it will be selling Barclays Risk Analytics and Index Solutions Ltd. (BRAIS) to Bloomberg L.P. for approximately £520 million, or approximately $779 million.
Valeant Announces Fulfillment Agreement With Walgreens, Boosts Credibility With Investors And Sends Shares Up
Valeant Pharmaceuticals International Inc. has announced in a press release that it has new fulfillment agreements with Walgreens Boots Alliance Inc., the largest drugstore chain in the U.S.
Holiday Travelers Expected To Top 100 Million For The First Time, Driven By Improvement In Labor Market And Low Prices
The American Automobile Association (AAA) projects that the number of holiday travelers will top 100 million for the first time on record, according to a press release issued by the AAA.
Halliburton And Baker Hughes Extend Merger Deadline, U.S. Regulators Seek More Concessions To Approve Deal
The Halliburton Company has announced in a press release that they and Baker Hughes Incorporated is extending the time period for closing the transaction to no later than April 30, 2016.
Newell Rubbermaid To Acquire Jarden Corporation, Would Create $16 Billion Consumer Goods Company With Portfolio Of Leading Brands
Newell Rubbermaid has announced in a press release that it will be acquiring Jarden Corporation in a cash and stock transaction.
Hudson's Bay Close To Buying Gilt For About $250 Million, Plans To Pair Fashion Retailer With Its Saks Off 5th Brand
The Hudson’s Bay Co., which owns Saks Fifth Avenue, is nearing a deal to buy Gilt Groupe Inc. for about $250 million, people familiar with the matter told reports.
Sanofi And Boehringer Ingelheim In Talks Over Asset Swap, Animal-Health Business To Be Swaped For Consumer Healthcare Business
Sanofi SA has announced in a press release that it has entered into exclusive negotiations with Boehringer Ingelheim GmbH to swap businesses.
UBM Reportedly Hoping To Sell PR Newswire to Cision for $841 Million As Part Of 'Events First' Strategy
UBM plc, one of the world’s leading B2B events organizers, has announced in a press release that it will be selling PR Newswire to Cision, a business controlled by GTCR Canyon Holdings, for $841 million.
Chinese Regulators Clear Shell's Proposed Takeover of BG
Royal Dutch Shell plc has announced in a press release that it has received unconditional merger clearance from the Chinese Ministry of Commerce (MOFCOM) regarding its combination with BG Group.
DISH Announces Leadership Changes, Fulfills Company's Strategic Goals, Aligns Business
DISH Network Corporation has announced in a press release a series of changes to its senior management team. The changes are intended to fulfill the company’s strategic goals and align its business to more fully respond to the dynamic pay-TV environment.
Micron to Acquire Remaining Shares of Inotera Memories, to Utilize Company's Full Financial, Operational Benefits
Micron Technology, Inc. has announced in a press release that it will acquire the remaining shares of Inotera Memories for approximately $3.2 billion, net of cash and debt at Inotera.
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