Private equity investment firm Hellman & Friedman has agreed to purchase the US-based insurance brokerage firm Hub International from Apax Partners in London, in a deal valued at nearly $4.4bn. It is believed that Apax, a private equity ...
International specialty insurance and reinsurance products provider Lancashire Holdings has entered into a conditional agreement to acquire Cathedral Capital Limited, a privately owned Lloyd's insurer, in a deal worth £266m in cash. ...
Tags: Lancashire, Cathedral Capital
Holden’s German sister brand Opel is exiting the Australian market after less than a year, saying it couldn’t make a profitable business case going forward. Opel Australia confirmed the news to CarAdvice after a source ...
Tags: Opel, Australian Market
SMI Aluminum Systems (SMI) and Architectural Glass Products (AGP) of Miramar, FL will now officially operate as Aldora Aluminum and Glass Products, Inc. In addition, Aldora will merge with Coastal Glass Distributors, Inc. located in ...
Tags: Aldora, Multi-Merger
Paper cup firm Benders has been manufacturing in the UK for nearly 120 years and aims to expand both here in the UK as well as into Europe going forward. Following a strengthening of senior management with the appointment of sales and ...
Tags: Paper Cups, Benders
PPG Industries announced several executive appointments that are effective Aug. 1: Frank S. Sklarsky, executive vice president, finance, will be appointed executive vice president and chief financial officer, as previously announced, and ...
Tags: PPG Industries, Management Team
Minister for Ports David Hodgett has announced four appointments to the Port of Melbourne Corporation Board, as the Port Capacity Project progresses. Mr Hodgett said he was pleased to renew appointments for deputy chair James Cain and ...
The Hydraulic Institute, North America?s largest pump association and global authority on pumps and pumping systems, has appointed Mark J. Sullivan as its new Director of Education and Training. Mark will support Pump Systems Matter ...
Tags: Pump, Metallurgy, Mineral, Energy
Microsoft executive Don Mattrick as left the Seattle company to join social games firm Zynga as CEO, with Microsoft boss Steve Ballmer stepping in to fill the vacant position of head of interactive entertainment. It's a move that ...
Tags: Computer Products, xBox
Sathguru Management Consultants is pleased to announce that it has completed implementation of the latest version of Yarena, its textile ERP product, at Suryalakshmi Cotton Mills Limited. Yarena will help Suryalakshmi control all of its ...
Nike announced that Charlie Denson, NIKE Brand President since 2006 and a 34-year veteran of the brand, will retire in January 2014. In conjunction with Denson’s decision to retire, the Company also announced strategic changes in its ...
Tags: America, Apparel&Accessories, Nike
Alcatel-Lucent will refocus on IP networking and ultra-broadband access in mobile and fixed-line networks as it seeks to return to profitability by 2015. Announcing the company's "Shift Plan" in Paris on Wednesday, CEO Michel Combes said ...
Avalon Carpet Tile and Flooring of Cherry Hill, NJ, announced that Brian Witkin has joined the company as Executive Vice President of Sales. Brian joins Avalon Carpet Tile and Flooring after a 19 year career at Mohawk Industries. He has ...
T-Mobile had been using Software AG's Aris to align its business processes for over a decade, but when news broke of a merger with Orange, the company had to review whether the platform was still the best fit for the job. EE's head of ...
Tags: EE, Aris, Customer Experiences
UK meat firm Cranswick is likely to reap strategic benefit from the merger of China’s largest meat processor and pig producer, Shuanghui International, with the world’s largest pork processor North America’s Smithfield ...