BorgWarner will integrate onsemi EliteSiC 1200 V and 750 V power devices into its VIPER power modules for traction inverter solutions to increase performance of electric vehicles SCOTTSDALE, Ariz. & AUBURN HILLS, Mich., July 18, 2023–(BUSINESS WIRE)–onsemi (Nasdaq: ON), a leader in intelligent power and sensing technologies, and BorgWarner Inc. (NYSE: BWA), a global product… Continue reading onsemi and BorgWarner Expand Strategic Collaboration for Silicon Carbide Worth Over $1 Billion in Lifetime Value
Tag: Strategy
Goodyear Tire to expand board in settlement with Elliott
(Reuters) -Goodyear Tire & Rubber Co said it would add three directors in agreement with Elliott Investment Management, months after the activist investor disclosed a stake and called for changes to strengthen the company’s financial position. Elliott’s investment announced in May made it one of Goodyear’s biggest investors. The firm urged the company to refresh… Continue reading Goodyear Tire to expand board in settlement with Elliott
UPDATE 2-Goodyear Tire to expand board in settlement with Elliott
(Adds background in paragraphs 2, 4, 6, and 7, details from release in paragraphs 5 and 8) July 25 (Reuters) – Goodyear Tire & Rubber Co said it would add three directors in agreement with Elliott Investment Management, months after the activist investor disclosed a stake and called for changes to strengthen the company’s financial… Continue reading UPDATE 2-Goodyear Tire to expand board in settlement with Elliott
GOODYEAR ANNOUNCES NEW DIRECTORS AND STRATEGIC AND OPERATIONAL REVIEW
Adds Three Mutually Agreed-Upon Independent Directors Supported by Elliott Establishes New Board Committee to Oversee Strategic and Operational Review AKRON, Ohio, July 25, 2023 /PRNewswire/ — The Goodyear Tire & Rubber Company (NASDAQ: GT) (“Goodyear”) today announced enhancements to its Board of Directors in connection with a cooperation agreement with Elliott Investment Management L.P. (together… Continue reading GOODYEAR ANNOUNCES NEW DIRECTORS AND STRATEGIC AND OPERATIONAL REVIEW
EVE Energy SVP Alexander Holden Reveals Half-Year Business Processes for 2023
HUIZHOU, China, July 24, 2023 /PRNewswire/ — Alexander Holden, the Senior Vice President of the International OEM Department at EVE Energy (SHE: 300014), a leading lithium-ion battery manufacturer, revealed that the Company will place great importance on expanding its presence in global markets to better serve their international customers by planning green battery factories in Europe and… Continue reading EVE Energy SVP Alexander Holden Reveals Half-Year Business Processes for 2023
Group14 Technologies Acquires Schmid Silicon in Milestone European Expansion
Group14 accelerates its strategy to build silicon battery technology infrastructure in Europe to support its automotive customers and partners Acquisition of Schmid Silicon, Europe’s most technologically advanced silane manufacturer, sets up Group14 to provide for a more secure silicon battery supply chain As Group14 establishes operations in Europe, the company plans to open its first… Continue reading Group14 Technologies Acquires Schmid Silicon in Milestone European Expansion
GTCR to Acquire Once For All from Warburg Pincus
Investment to accelerate growth behind leading compliance and supply chain management software provider CHICAGO, July 24, 2023 /PRNewswire/ — GTCR, a leading private equity firm, announced today that it has signed a definitive agreement to acquire Once For All (the “Company”), a leading compliance and supply chain management software provider, from Warburg Pincus. Financial terms of… Continue reading GTCR to Acquire Once For All from Warburg Pincus
Bahamas to Enter Agreements with Kingdom of Saudi Arabia
NASSAU, Bahamas, July 21, 2023 /PRNewswire/ — The Honourable I. Chester Cooper, Bahamas Deputy Prime Minister and Minister of Tourism, Investments & Aviation is leading a delegation of tourism officials to the Kingdom of Saudi Arabia for three days of meetings culminating in the signing of a multi-million-dollar contract with the Saudi Fund for Development… Continue reading Bahamas to Enter Agreements with Kingdom of Saudi Arabia
Accor accelerates in Japan with agreement to operate 23 properties
ACCOR SIGNS MILESTONE AGREEMENT WITH EBISU RESORT LLC, WITH 23 PROPERTIES SET TO JOIN THE GROUP’S HOTEL NETWORK BY Q2 2024 PARIS, July 21, 2023 /PRNewswire/ — Accor’s presence in Japan is set to double while hotel openings gain momentum throughout the region. With travel and tourism surging once again on a global scale, countries… Continue reading Accor accelerates in Japan with agreement to operate 23 properties
Aurory Franchise Enables Cross-Chain Operability with Arbitrum Integration
Following the release of the Blanche Social Hub, Aurory has integrated with Arbitrum, adding another innovative title to the ecosystem’s growing library of games. MONTREAL, July 25, 2023 /PRNewswire/ — Aurory, an acclaimed gaming universe of interoperable games, today announced the first step of their multi-platform vision by integrating with Arbitrum, the leading Layer 2 scaling… Continue reading Aurory Franchise Enables Cross-Chain Operability with Arbitrum Integration