ARSENAL ESTABLISHES...
NEW YORK: Arsenal Capital Partners, a leading New York-based
private equity firm that invests in middle-market specialty
industrial, healthcare and financial services companies,
announces that it has established a presence in Shanghai, China
to provide its current and future portfolio companies with
additional strategic insights, local and regional support, and
expanded relationships in order to enhance opportunities for
growth and productivity.
www.arsenalcapital.com
ALLEGIANCE REJECTS...
SYDNEY: Allegiance Mining has released its Target Statement
and in a letter to shareholders accompanying the Targets
Statement, Allegiance Chairman, Tony Howland-Rose wrote: "Your
Directors unanimously recommend that you REJECT Zinifex's
unsolicited, opportunistic and inadequate Offer."
www.allegiance-mining.com.au
SPIRIT AEROSYSTEMS...
WICHITA, Kansas: Spirit AeroSystems announces that it will
continue to work with Boeing to assess the 787 program
schedule.
INBEV SELECTS....
HERTOGENBOSCH: Quintiq has been selected by InBev, the
world's leading brewer, to manage the complex first line
distribution all over Western Europe. The Quintiq planning
system will have to combine Full Truck Load and Less than Truck
Load between plants, ramps, sorting centres and customers. The
first implementation is to commence in Germany. In Germany
alone there are 100.000 of these trips expected per year
starting from 5 different plants.
www.inbev.com
www.quintiq.com
CLINICAL TRIAL...
SALT LAKE CITY: PC Project, a public charity, announces that
a Phase 1b clinical trial has begun for treatment of
pachyonychia congenita (PC) with a short interfering RNA
(siRNA)-based therapeutic. PC is a dominant genetic disorder
resulting from mutations in genes that encode keratins, which
give structural integrity to skin cells.
ISTITHMAR UNVEILS...
DUBAI: The Dubai-based investment house, Istithmar PJSC,
announces the company's new official corporate brand,
"Istithmar World". Istithmar World is wholly owned by Dubai
World, which in turn is 100 per cent owned by the Government of
Dubai.
CEVA APPOINTS...
HOOFDDORP: CEVA Logistics, the 4th largest supply chain
company worldwide, has appointed Peter Dew as Group Chief
Information Officer, effective April 1, 2008. He will be
responsible for establishing and implementing CEVA's IT
strategy at a global level.
www.cevalogistics.com
FANNIE MAE...
WASHINGTON, D.C.: Fannie Mae will redeem the principal
amount of MTN, MTNR, FINP and FINS securities issues on January
26 and 28, 2008 at a redemption price equal to 100 per cent of
the principal amount redeemed plus accrued interest.
www.fanniemae.com
BUNKSPEED ANNOUNCES...
LOS ANGELES: Bunkspeed, Inc. announces that Michael Check
has joined the company as President of its Automotive and
Transportation business. His focus will be to broaden
Bunkspeed's already expansive roster of transportation
customers, which includes Ford Motor Company, Chrysler, BMW,
Pininfarina, Nissan, Honda, and others.
www.bunkspeed.com
SPAM EMAIL...
SUNNYVALE, California: Proofpoint, Inc., the leading
provider of unified email security and data loss prevention
solutions, reports spam trends for data collected during the
month of December 2007, finding that, on average, spam
represents more than 90 per cent of the total email volume
received by large enterprises.
www.proofpoint.com
www.proofpoint.com/livedemo
www.proofpoint.com/zhav
MERSANA APPOINTS...
CAMBRIDGE, Massachusetts: Mersana, a cancer therapeutics
company, announces that John H. van Duzer, Ph.D. has joined the
company as Vice President of Manufacturing & Pharmaceutical
Sciences.
SUSTAINABILITY PRIZE...
MONTREAL: Rio Tinto Alcan and the International Business
Leaders Forum are pleased to announce the 2007 recipient of the
US$1 million Alcan Prize for Sustainability is the Utthan
Centre for Sustainable Development and Poverty Alleviation,
based in India (Utthan).
www.alcanprizeforsustainability.com
www.riotinto.com/riotintoalcan
JV ESTABLISHED...
YANZHOU: Veyance Technologies, Inc., manufacturer of
Goodyear-branded conveyor belts, announces the formation of
Shandong Aneng Conveyor Belt & Rubber Co., Ltd., a long-term
joint venture between Veyance's Asia subsidiary and the Yinhe
Group's Ruiyuan Rubber and Plastics Company, Ltd. Shandong
Aneng also has a tentative agreement to purchase exclusive
rights to the Yinhe Depreux brand in China.
www.goodyearep.com
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