Severn Trent, one of the few FTSE 100 companies to be led by a woman, has promoted two female executives in a management restructuring which has, however, cost a fourth woman her job on the board. The water company, led by Liv Garfield, is restructuring its regulated business in to three divisions. Sarah Bentley, the…
HAMBURG, Germany, Sept. 4, 2017 /CNW/ – DEA Deutsche Erdoel AG, the international oil and gas company wholly owned by LetterOne, today announces the appointment of Maria Moraeus Hanssen as its new CEO and Chairman of the Management Board. The appointment is expected to take effect in January 2018, when Maria Moraeus Hanssen succeeds Thomas Rappuhn,…
HAMBURG, Germany, September 4, 2017 /PRNewswire/ — DEA Deutsche Erdoel AG, the international oil and gas company wholly owned by LetterOne, today announces the appointment of Maria Moraeus Hanssen as its new CEO and Chairman of the Management Board. The appointment is expected to take effect in January 2018, when Maria Moraeus Hanssen succeeds Thomas…
Ten Network’s secured creditors and staff will be paid out in full under the restructuring plan to sell the company to the US broadcasting giant CBS. But key content providers such as production houses on contract to Ten will only receive 100 cents in the dollar if they remain with the network. In a…
There’s a worrying trend for private health fund HBF right now, but the brand isnt taking the industry challenges lying down. The growing dissatisfaction with private health care services has led to more Australians foregoing their private health insurance. A report from The Australian Prudential Regulation Authority found the proportion of Australians with private health…
Michael Glackin The BBC has been pushed to release the City watchdogs reportALAMY Lawyers for businesses suing Royal Bank of Scotland have demanded that the BBC release part of the City watchdogs report which was leaked to the broadcaster on RBSs controversial restructuring division. The study was commissioned by the Financial Conduct Authority almost four…
Michael Glackin The BBC has been pushed to release the City watchdogs reportALAMY Lawyers for businesses suing Royal Bank of Scotland have demanded that the BBC release part of the City watchdogs report which was leaked to the broadcaster on RBSs controversial restructuring division. The study was commissioned by the Financial Conduct Authority almost four…
SAN DIEGO, Sept. 01, 2017 (GLOBE NEWSWIRE) — Cytori Therapeutics (NASDAQ:CYTX) (“Cytori” or the “Company”) today announced a substantial corporate restructuring intended to significantly reduce expenses while maintaining its ability to execute on its BARDA-sponsored cell therapy program, Japanese business and oncology program. The Cytori Habeo program for scleroderma is expected to move…
There”s certainly no shortage of investors looking to clean up from cleaning up Just days after Downer’s $1.2 billion offer for Spotless came to an end – with Downer lifting its stake to just below the compulsory acquisition threshold – Phil Cave and Callen O’Brien’s Anchorage Capital Partners has signed a deal to acquire TJS Services. Founded by…
Image copyright Getty Images A “rent to own” TV and domestic appliance firm has gone into administration and made 41 job losses. Another 226 jobs are at risk at Bridgend-based Buy As You View (BAYV), which has 40,000 customers across the UK. Administrators EY said the company had “continued to incur significant losses” despite major…