Global

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, […]

Gap President and CEO Jeff Kirwan to leave company
Global

Gap President and CEO Jeff Kirwan to leave company

The Gap Brand said that Jeff Kirwan, president and CEO of Gap brand, will leave the company while its currently in search of a replacement. “Under Jeff’s leadership we made significant progress on the operating model of Gap brand. We are faster and more responsive than ever before, we radically […]

Keith McGregor to head restructuring at FTI
Global

Keith McGregor to head restructuring at FTI

FTI Consulting, Inc., has announced the appointment of Keith McGregor as a Senior Managing Director in the Corporate Finance & Restructuring segment, continuing to deepen the firm’s global company-side restructuring capabilities. Mr. McGregor, who joins FTI Consulting from EY, will be based in New York. In his role, he will […]