Europe

Ramin Younessi, Tom Pellette, Bob De Lange join Caterpillar
Europe Global

Ramin Younessi, Tom Pellette, Bob De Lange join Caterpillar

Construction equipment maker, Caterpillar said it has appointed Ramin Younessi, Tom Pellette, Bob De Lange on its board of directors. Caterpillar Group President Bob De Lange, current Construction Industries group president, will oversee Customer & Dealer Support, replacing Charter. “During his 25-year career with Caterpillar, Bob has delivered excellent results […]

Kering redeems €405 million bond offer
Europe Global

Kering redeems €405 million bond offer

Kering has announced an offer to redeem four bond issues maturing in 2019, 2020, 2021 and 2022 at a par value of €405 million (excluding accrued interest) launched on 26th March 2018. The amounts redeemed break down as follows: • €200 million (par value) of a first issue of €500 […]

Novartis acquires AveXis for $8.7 billion
Europe Global

Novartis acquires AveXis for $8.7 billion

Novartis announced has entered into an agreement and plan of merger with AveXis, Inc. to acquire the US-based Nasdaq-listed clinical-stage gene therapy company for USD 218 per share or a total of USD 8.7 billion in cash. The transaction was unanimously approved by the Boards of both companies. AveXis has […]

Petrofac secures $233 million EPC contract in India
Europe Global

Petrofac secures $233 million EPC contract in India

London-based Petrofac said it has received a letter of award from Vedanta Limited for its Raageshwari Deep Gas Field Development Project located in Barmer, Rajasthan, India. The company said in a statement that the lump-sum engineering, procurement and construction (EPC) project, valued at approximately US$233 million, is for integrated gas […]