AtriCure, a developer of cardiac surgical ablation systems, has named Michael Carrel as the company's new president and chief executive officer (CEO). Initially, Carrel served at Vital Images, a medical imaging software company, as ...
Tags: management team, new CEO, AtriCure
Rival soft drinks firms Britvic and AG Barr have finally agreed a merger to create a £1.5bn business,which will trade under the name Barr Britvic Soft Drinks. The new firm will be led by ceo Roger White,formerly the ceo of AG ...
Tags: soft drinks, merger, AG Barr, Britvic
Dell announces Quest Software acquisition… finally Dell has entered into a definitive agreement to buy desktop virtualisation-related vendor Quest Software for $2.36bn (pound 1.51bn). Under terms of the agreement, Dell Inc. will ...
Tags: Dell, Quest Software, acquisition
Sprint Nextel has offered US $2.1 billion, or $2.90 a share, for the nearly one-half interest in mobile broadband firm Clearwire that the company doesn’t already own. Sprint, in a filing with the U.S. Securities and Exchange ...
US based health insurer UnitedHealth has successfully completed the first phase in the Brazil's Amil Participações acquisition program with the purchase of 60% outstanding shares from controlling shareholders and management. ...
British American Tobacco (BAT) has commenced legal proceedings against the Australian government over the country's world-first plan to exclude all marketing text and images from cigarette packs. The company said it started the proceedings ...
Trade Arabia reported that UAE based Dana Gas has reached a lock-up and standstill agreement with bondholders to restructure USD 920 million Islamic bond by reducing the debt to USD 850 million via USD 70 million cash. Dana said that the ...
Tags: UAE, Dana Gas, Metallurgy, Gas
PPG Industries announced that it has reached a definitive agreement to acquire the North American architectural coatings business of AkzoNobel, N.V., Amsterdam, in a deal valued at $1.05 billion. The transaction has been approved by the ...
Tags: Architectural Coatings Business, Architectural Coatings
On 7 December 2012, The Monarch Cement Company elected Steve Sloan to serve on the board effective immediately to fill the unexpired term of independent director Richard N Nixon, whose resignation was effective 31 October 2012. Sloan, ...
Tags: Monarch Cement Company, Steve Sloan, company news, cement
The Dai-ichi Life Insurance and Janus Capital have inked a deal, pursuant to which the Japanese insurer will acquire 15-20% stake in Janus, in an open market purchases and potentially through the exercise of conditional options issued to ...
Lextar Electronics Corp. and Wellypower Optronics Co. Ltd. today announced that they have entered into an amalgamation agreement. The merger agreement was approved today by the Boards of Directors of both Lextar and Wellypower. The ...
Tags: Lexstar, amalgamation agreement, Taiwan, LED
Swiss chocolate products manufacturer Barry Callebaut has agreed to acquire cocoa ingredients unit of Singapore-based Petra Foods for $950m. The proposed acquisition is expected to expand Barry Callebaut's cocoa sourcing and processing ...
Mechel OAO, a leading Russian mining and steel group announced financial results for the 9 months 2012. The net revenue in Q3 2012 decreased by 12.0% and amounted to USD 2.7 billion compared to USD 3.1 billion in Q2 2012. The ...
Tags: Mechel OAO, mining, steel, financial results, company news
A US 'activist' investor who has stamped his authority on Heinz, Cadbury and Kraft has taken a euro242M (€300M) stake in Danone, vowing to improve its profitability. Nelson Peltz, the head of Trian Partners, said the maker of ...
THE WOODLANDS, Texas — Retailer Conn's Inc. said it completed a secondary offering of common stock Wednesday that netted the company about $56.2 million. The offering of 6.33 million shares, including an over-allotment option of ...
Tags: Furniture