Global

Alcon to leave Geneva after Novartis spinoff
Global

Alcon to leave Geneva after Novartis spinoff

Alcon said it will relocate its future global headquarters in the Canton of Geneva, Switzerland, following completion of its proposed spinoff from Novartis. Novartis said in a statement that Alcon’s new global headquarters in Geneva will be the primary location for Alcon’s senior corporate leadership and other corporate and commercial […]

JCDecaux moves closer to APN acquisition
Global

JCDecaux moves closer to APN acquisition

JCDecaux SA said that the Federal Court of Australia (the Court) has made orders approving the despatch of the scheme booklet (Scheme Booklet) in relation to JCDecaux’s acquisition of APN Outdoor Group Limited (APN Outdoor), by way of a scheme of arrangement (the Scheme). The Court has also ordered that […]

Vantage Capital exits New GX Capital
Global

Vantage Capital exits New GX Capital

Debt-funding venture capital company, Vantage Capital said it has exited New GX Capital with more than returns for its Vantage’s Fund III investors. Vantage provided R250m ($20m) to New GX in 2016 to finance follow-on investments in telecommunications infrastructure, waste management and information technology. Mokgome Mogoba, Associate Partner at Vantage […]

Mary Dillon of Ulta Beauty joins KKR’s board
Global

Mary Dillon of Ulta Beauty joins KKR’s board

America’s KKR said it has appointed Mary Dillon to its Board of Directors of KKR. The investment company said her appointment will bring the number of independent directors on KKR’s Board to eight out of a total of twelve Board seats. Ms. Dillon is the Chief Executive Officer of Ulta […]

NYSE fines ING Financial Markets $5 million for ADR mishandling
Global

NYSE fines ING Financial Markets $5 million for ADR mishandling

New York Stock Exchange Regulation said ING Financial Markets LLC has agreed to pay $5 million to settle charges for improperly handling “pre-released” American Depository Receipt. NYSE Regulation monitors activities on NYSE’s markets, and addresses members’ violations of exchange rules and federal securities laws. This settlement stems from NYSE Regulation’s […]