ABU DHABI, UAE and TEL AVIV, Israel, Oct. 2, 2023 /PRNewswire/ — EVAP Investment LLC™, an internationally recognized business development advisory specializing in industrial participation and offset strategy and development; and Assembrix Ltd, a leading provider of 3D printing software, have joined forces on developing regional value-added projects, through a Memorandum of Agreement (MOA) to… Continue reading EVAP and Assembrix Announce Strategic Partnership to enhance UAE’s Additive Manufacturing eco-system
Tag: Strategy
Union Minister Nitin Gadkari announces Urban Extension Road 2 opening
During his address, Gadkari shared news about the imminent opening of Urban Extension Road 2, a major ring road project in Delhi. Union Transport and Highways Minister Nitin Gadkari made an announcement about the upcoming Urban Extension Road 2 during an interaction with the Indian Diaspora at the 27th World Road Congress in Prague. “Urban… Continue reading Union Minister Nitin Gadkari announces Urban Extension Road 2 opening
@Subaru: Subaru Corporation Announces Organizational Changes and Change to Executive Officer’s Title (Effective October 1, 2023)000222
Subaru Corporation Announces Organizational Changesand Change to Executive Officer’s Title(Effective October 1, 2023) Tokyo, October 2, 2023 – Subaru Corporation has announced the following organizational changes and change to the title of an executive officer, which took effect on October 1, 2023. 1. Organizational Changes Automotive Business Unit － Renaming of Manufacturing Division to Monozukuri Division… Continue reading @Subaru: Subaru Corporation Announces Organizational Changes and Change to Executive Officer’s Title (Effective October 1, 2023)000222
Inalfa Roof Systems appoints Georges Andary as its new CEO
Inalfa Roof Systems Group, a global leader in the automotive industry headquartered in the Netherlands, has appointed Georges Andary as the company’s new President and Chief Executive Officer (CEO), effective from October 1, 2023. Georges Andary has over 28 years of executive leadership experience in the automotive industry to his new role and has demonstrated… Continue reading Inalfa Roof Systems appoints Georges Andary as its new CEO
Inalfa Roof Systems Group Appoints Georges Andary as New CEO
VENRAY, The Netherlands, Oct. 2, 2023 /PRNewswire/ — Inalfa Roof Systems Group, a global leader in the automotive industry headquartered in the Netherlands, has appointed Georges Andary as the company’s new President and Chief Executive Officer (CEO), effective from October 1, 2023. Georges Andary brings over 28 years of executive leadership experience in the automotive… Continue reading Inalfa Roof Systems Group Appoints Georges Andary as New CEO
Bain Capital scores first deal in Vietnam, to invest at least $200m in Masan GroupMasan said that it could upsize the funding to up to $500m.
Bain Capital has struck its first deal in Vietnam by investing at least $200 million in the conglomerate Masan Group, per an announcement. The US-headquartered investment firm has agreed to subscribe to Masan’s convertible dividend preference shares at 85,000 dong apiece, which will be mandatorily converted into ordinary shares (CDPS) at a 1:1 ratio after… Continue reading Bain Capital scores first deal in Vietnam, to invest at least $200m in Masan GroupMasan said that it could upsize the funding to up to $500m.
Singapore’s Singtel to sell cyber security business in $205m dealSingtel acquired a 98% equity interest in Trustwave for approximately $810m in 2015.
Singapore Telecommunications (Singtel) has agreed to sell all of its equity interest in Trustwave Holdings, its cyber security business, to MC2 Titanium LLC for $205 million, according to its disclosure. The transaction comprises a secured note and cash and is expected to be completed this quarter, subject to regulatory approvals and customer closing conditions, Singtel’s… Continue reading Singapore’s Singtel to sell cyber security business in $205m dealSingtel acquired a 98% equity interest in Trustwave for approximately $810m in 2015.
HongShan backer Yuexiu Industrial Fund to launch $274m new secondary fundThe move comes alongside China’s fast-maturing PE secondary market.
China’s Yuexiu Industrial Fund, a private market investor that has committed to funds managed by HongShan and CICC Capital, is planning to launch a 2-billion-yuan ($274.2 million) new secondary fund. Yuexiu Industrial Fund, a subsidiary of the publicly listed Guangzhou Yuexiu Capital Holdings Group, said in a statement that the new secondary vehicle will help… Continue reading HongShan backer Yuexiu Industrial Fund to launch $274m new secondary fundThe move comes alongside China’s fast-maturing PE secondary market.
Autoliv strengthens insights into wider mobility safety as two new members join Autoliv Research Advisory Board
STOCKHOLM, Sept. 28, 2023 /PRNewswire/ — Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in automotive safety systems, strengthens its insights in automotive safety as Klaus Kompass, former VP Vehicle Safety at BMW Group and Seigo Kuzumaki, former Fellow of Advanced R&D and Engineering, Toyota Motor Corporation, join the Autoliv Research Advisory Board. In… Continue reading Autoliv strengthens insights into wider mobility safety as two new members join Autoliv Research Advisory Board
Auto Roundup: AZO’s Q4 Results, CZOO’s Debt Restructuring Deal & More
The U.S. auto industry faces growing turmoil with the escalation of the UAW strike against the Detroit 3 automakers. The strike began on Sep 15 at three plants.A week has passed without a new labor contract in place, prompting UAW to extend strikes to 38 parts and distribution centers across 20 states, primarily focusing on… Continue reading Auto Roundup: AZO’s Q4 Results, CZOO’s Debt Restructuring Deal & More