The move is aimed at increasing the liquidity during the 2019-2020 winter low cash period. On Monday, Thomas Cook Plc stated, it was holding advanced talks with noteholders for a $180.68 million (150 million) pound cash injection into the company…. Read More ›
BlackRock’s new private equity fund invested made its maiden investment in Authentic Brands and emerged as its single largest investor. In a significant development, BlackRock Inc’s new private equity fund – Long Term Private Capital (LTPC) – has completed its… Read More ›
Bjorn Rosengren will be joining Swiss-Swedish robotics and engineering group ABB Ltd as CEO in February 2020. Swedish engineering group Sandvik stated, its Chief Executive Officer Bjorn Rosengren will be stepping down from 2020; he will be joining Swiss-Swedish robotics… Read More ›
The acquisition makes sense for AMS since it sees synergy with Osram sensor solutions and photonics businesses especially in the emerging self-driving market. Austrian sensor specialist AMS’ offer to acquire Germany’s Osram has trigerred a bidding war for the German… Read More ›
Most people should get off Facebook, recommended Apple co-founder Steve Wozniak. This was reportedly said by the 68-year-old engineer and entrepreneur to TMZ in Washington D.C. “There are many different kinds of people, and [for] some, the benefits of… Read More ›
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