Global

Shell gets EU go-ahead to acquire First Utility
Energy

Shell gets EU go-ahead to acquire First Utility

Shell has received the go-ahead of the European Commission for the proposed acquisition of First Utility. It would be recalled that in December, Shell released a statement that said it will buy 100 percent of independent energy provider, First Utility. It said at the time that the deal was set […]

LafargeHolcim invests $213 million in India
Global

LafargeHolcim invests $213 million in India

LafargeHolcim said it will spend additional $213 million on its business in India with the construction of a new cement plant in the state of Rajasthan in the North of the country. The CHF 200 million investment will serve customers in the North, including Delhi. Jan Jenisch, Group CEO of […]

Fidessa agrees to acquisition terms with Temenos
Global

Fidessa agrees to acquisition terms with Temenos

Temenos and Fidessa have today reached an agreement on the terms of a recommended all-cash acquisition by Temenos, through its wholly-owned subsidiary Temenos Holdings UK Limited. The deal is to acquire the entire issued and to be issued ordinary share capital of Fidessa. Fidessa and Temenos are two leading providers […]

Mitsubishi Electric names Takeshi Sugiyama President & CEO
Global

Mitsubishi Electric names Takeshi Sugiyama President & CEO

Mitsubishi Electric Corporation has appointed Takeshi Sugiyama as the company’s new President & CEO, effective April 1, 2018. Sugiyama will replace Masaki Sakuyama, who will assume the position of Chairman. Sugiyama was born in 1956. Joining Mitsubishi Electric Corporation in 1979, he first served as an engineer in the company’s […]

S&P Global to acquire data analytics firm Panjiva
Global

S&P Global to acquire data analytics firm Panjiva

S&P Global said it is set to acquire Panjiva, Inc. (Panjiva), a privately-held company that provides deep, differentiated, sector-relevant insights on global supply chains, leveraging data science and technology to make sense of large, unstructured datasets. The terms of the transaction, which is expected to close in the coming weeks, […]