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Valmet to acquire tissue rewinder business from Massimiliano Corsini srl. Italy to strengthen its product portfolio

Valmet Corporation's press release on July 31, 2015 at 2:00 p.m. EET Valmet and Massimiliano Corsini srl. have signed a Sale and Purchase Agreement of MC Paper Machinery and Focus Rewinding business to Valmet on July 31, 2015. The acquisition is estimated to be completed by August 6, 2015. The acquired operations mainly supply rewinders for tissue and non-woven machines. In the past years the net sales of the acquired business has been around EUR 10 million...
Thomson Reuters 31/07/2015 13:00

New acting Head of Group Industrial Development

Telenor Group today announced that Mr. Martin Furuseth has been appointed acting Head of Group Industrial Development (GID) in Telenor Group, effective August 1, 2015. Furuseth replaces Ms. Hilde Tonne, who has been appointed as CEO for the future joint venture in Denmark. GID is the division responsible for carrying out Telenor Group's industrialization ambition across the company's 13 markets and for developing the entire company's operations on a global scale, in order...
Thomson Reuters 31/07/2015 12:00

Aegon Completes Sale of its Canadian Life Insurance Business

The agreement to sell Aegon's Canadian life insurance business to Wilton Re for CAD 600 million (EUR 417 million) was announced on October 16, 2014. The transaction will result in a book loss of CAD 1.2 billion (EUR 0.8 billion), which will be booked in the third quarter of 2015. Aegon has earmarked the proceeds of this transaction for the redemption of the USD 500 million 4.625% senior bond, due December 2015.
PR Newswire 31/07/2015 12:00

The 10th International Conference on Genomics (ICG-10) to Open in October

ICG-10 focuses on recent breakthroughs and advances in 'omics' research that will further transform scientific discoveries into better health, treatments and cures in the next decade. It will include topics in clinical genomics, reproductive health, cancer, aging, precision medicine, metagenomics, synthetic genomics, as well as bioethics and the social implications. ICG-10 will bring together the most influential intellectual leaders and top scientists, as well as covering the hottest topics and the best practical applications.
PR Newswire 31/07/2015 11:03

ET Solar Launches New Generation AC Modules in Japan

In cooperation with Northern Electric and Power (NEP), a company dedicated to providing state-of-the-art solar inverter products. ET Solar has developed new generation AC Modules that are fully integrated with the NEP's BDM-300 micro inverters. With only 25mm in thickness, this micro inverter is currently considered to be the thinnest product in its class around the world.
PR Newswire 31/07/2015 10:55

Number of shares in Klövern as of 31 July 2015

After conversion of 8,900 Class A ordinary shares to Class B ordinary shares during the month of July the total number of shares in Klövern as of 31 July 2015 amounts to 932,437,980, of which 81,862,506 shares constitute Class A ordinary shares, 834,131,474 shares constitute Class B ordinary shares and 16,444,000 shares constitute preference shares...
Thomson Reuters 31/07/2015 10:01

Q-Park Refinances for EUR 925 Million

The new credit facility, at competitive conditions and favourable terms, incorporates the option of a security release mechanism. The potential final maturity of up to 7 years, subject to extension options, guarantees Q-Park's continuity and financial stability.        
PR Newswire 31/07/2015 10:00

Wolf & Badger Merges With Online Marketplace Boticca.com to Create Global Omni-Channel Powerhouse for Independent Fashion Brands

The merger, which takes place this week, will see Wolf & Badger acquire Boticca.com, creating a world-class multi-channel retailer for independent designers and brands in the luxury fashion market.  The move will see Boticca.com transition into the Wolf & Badger brand and platform, with Boticca.com Founder & CEO Kiyan Foroughi remaining in place as an advisor to the business.
PR Newswire 31/07/2015 10:00