Other News

Asai Kasei to acquire Sage Automotive Interiors
Global

Asai Kasei to acquire Sage Automotive Interiors

Japan’s Asai Kasei said it will acquire Sage Automotive Interiors Inc., for a cash transaction price of approximately $700 million (¥79.1 billion). Sage Automotive Interior is a US-based manufacturer of automotive interior material,. An agreement regarding the acquisition was concluded between Asahi Kasei and Clearlake Sage Holdings, LLC, the 100% […]

Shell gets $40K fine for Fife Plant pollution
Energy

Shell gets $40K fine for Fife Plant pollution

Energy giant, Royal Dutch Shell has been given a minor fine of $40,000 after the company broke emission reporting regulations. As reported by Energy Voice, the fine was handed to the energy giant by the Scottish Environment Protection Agency (SEPA). The violations were said to be between 2013 and 2015. […]

Willis Towers to keep CEO, John Haley till 2021
Global

Willis Towers to keep CEO, John Haley till 2021

Insurance brokerage giant, Willis Towers Watson, said it has extended the contract of its Chief Executive Officer (CEO), John Haley, until January 1, 2021. The company said in a statement that, “We are pleased to retain John Haley’s leadership as CEO of Willis Towers Watson,” said James McCann, chairman of the Board, Willis Towers […]

AIG completes acquisition of Validus
Big Business

AIG completes acquisition of Validus

Leading global Insurance organization, American International Group AIG, said it has completed its acquisition of Validus Holdings, Ltd. The transaction, which was first announced on January 22, 2018, closed following receipt of regulatory approvals and approval of Validus shareholders. As part of AIG, Validus adds attractive and diversified franchises, including […]