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STOCKHOLM, November 20 - Karolinska Development AB today announced that the European Investment
Fund (EIF) has entered into a co-investment agreement with the company. The
co-investment fund will be managed by Karolinska Development and used to
invest in the company's portfolio of early-stage pharmaceutical and medical
technology companies. EIF has agreed to invest 26.7 M Euros in the
co-investment fund. The agreement represents EIF's largest single investment
in the Nordic region to date.
CHENNAI, India, November 20 - A recent micro-loan securitisation, completed by IFMR Capital and Equitas
Micro Finance, has enabled the first ever mutual fund investment into the
Indian microfinance sector. The Rs. 480 million ($10.4 million) transaction
is backed by over 55,000 micro-loans originated by Equitas Micro Finance, a
Chennai-based microfinance institution with approximately 700,000 low-income
clients. The transaction was structured by IFMR Capital, which operates as a
financial guarantee company for sectors impacting low-income households, and
which co-invested in the junior tranche of the securitisation.
BASKING RIDGE, New Jersey, November 20 - Avaya today announced it received clearance from the European Commission
for its proposed acquisition of Nortel's enterprise solutions business.
Exclusive Partnership With Goldbach Media Group Extends Reach in Europe
LONDON, November 20 - Adconion Media Group (.adconion.com), the largest
independent global audience and content network, announced today that it has
entered into an exclusive partnership with Goldbach Media Group, the leading
marketer for private electronic, interactive and mobile media in Switzerland
and Austria to extend its footprint across Europe.
MCLEAN, Virginia, November 20 - Global Defense Technology & Systems, Inc. (GLOBAL Defense Technology,
Nasdaq: GTEC), a leading provider of defense technologies to the national
security community, announced today that it has priced its initial public
offering of 4.6 million shares of common stock at US$13.00 per share, of
which 3.0 million shares are being sold by the Company and 1.6 million shares
are being sold by certain selling stockholders. The underwriters have a
30-day option to purchase up to an additional 690,000 shares of common stock
from one of the selling stockholders at the initial public offering price.
The offering is expected to close on or about November 25, 2009.
Deal provides base of operations for Menicon's expansion in U.K. -
NAGOYA, Japan, November 19 - Menicon Co., Ltd. (Menicon) and David Thomas Contact Lenses Ltd. (DTCL)
announced on November 19 that the two companies reached agreement on November
16, 2009 for Menicon to acquire 100% of the ownership of DTCL. The
acquisition of DTCL will enable Menicon to build on DTCL's successful
business in the U.K. and abroad. Menicon has an important presence in the
European rigid gas permeable (RGP) lens and lens care market, though not in
the U.K. The existing directors and staff will remain with DTCL and customers
will continue to receive the same levels of service as before. All existing
DTCL products will continue to be available and, over time, other products
from Menicon will be introduced through DTCL, including Menicon's growing
range of soft contact lenses.
ZURICH, November 19 - gategroup, the leading independent provider of onboard products and
services to the world's airlines, has extended business for its Gate Gourmet
brand with Swiss International Airlines for three additional years until the
end of 2015. The deal covers a business spend in excess of CHF 600 million.
LONDON, November 19 - toptable, Europe's No 1 online dining community and online restaurant
reservation service, reported a 187% increase in pre-tax profit,
demonstrating its value to both restaurants and diners even in the face of
the recessionary environment facing the leisure sector.
LONDON, November 19 - SABMiller, one of the world's leading brewers, operating across six
continents, announced financial results for the first six months of its
Financial Year 2010.
LONDON, November 19 - National Grid, the electricity and gas distribution company, announced
"very strong" half-yearly results with pre-tax profits up by 16 per cent and
earnings ahead by 31 per cent, despite a difficult trading environment.
DONGYING, China, November 19 - CNPV today announced that it has entered into a long-term strategic
partnership sales agreement with STAND-BY Europe, a well-known Czech Project
development and distribution company. The agreement was signed in conjunction
with STAND-BY Europe's recent October 15-16, 2009 visit to a CNPV facility
along with CTP invest, Reiffeisen Bank and Lumen Engineering Company.
LEONIA, New Jersey and BANGALORE, India, November 19 - Infocrossing, a Wipro (NYSE: WIT) Company, today announced that it has
entered into a multi-year agreement to provide infrastructure services for
Cliffs Natural Resources, Inc. Cliffs is an international mining and natural
resources company. It is North America's largest producer of iron ore
pellets, a major supplier of direct-shipping lump and fines iron ore out of
Australia and a significant producer of metallurgical coal.
BNP Paribas in Milan Will Help Harley-Davidson Move Sale Process Forward
MILWAUKEE, November 19 - Harley-Davidson, Inc. (NYSE: HOG) has selected the investment banking
firm, BNP Paribas in Milan, to assist Harley-Davidson in the sale of MV
Agusta. Harley-Davidson is currently identifying potential buyers for the
Italian-based motorcycle company.
MELBOURNE, Australia, November 19 - Australia's air navigation services provider, Airservices Australia, has
selected Quintiq as its new workforce planning solution.
JERUSALEM, November 20 - This Friday 20th November sees the twentieth anniversary of
the historic United Nations Convention on the Rights of the Child, in which
governments set out their vision of a dignified future for the world's
children. But twenty years on, what difference has the convention made in the
lives of hundreds of thousands of Palestine refugee children?
SINGAPORE, November 20 - IntercontinentalExchange, Inc. (NYSE: ICE), a leading operator of global
regulated futures exchanges, clearing houses and over-the-counter (OTC)
markets, today announced the introduction of an ICE OTC cleared iron ore
contract based on the well-regarded Platts Iron Ore Index. The ICE Platts
Iron Ore Swap 62% Fe (metallic iron) contract will be available for clearing
on ICE Clear U.S. beginning December 2, 2009.
HONG KONG, November 18 - The GSMA, the body that represents the worldwide mobile
communications industry, today announced that its Green Power for Mobile
(GPM) programme is working with the International Finance Corporation (IFC),
the private sector arm of the World Bank Group, to support mobile operators
in exploring the use of renewable energy base stations as a means of
optimizing capital and operating expenditures. Through this collaboration,
mobile operators in developing markets can benefit from technical assistance
programmes, market research, and knowledge sharing programmes to help them
implement large scale renewable energy powered networks.
Glybera(R) Clinical Data Presented at Meeting of American Heart Association
AMSTERDAM, November 18 - Amsterdam Molecular Therapeutics (EuroNext Amsterdam: AMT), a leader in
the field of human gene therapy, today provides its non-audited business
update in compliance with the EU transparency directive. This report
summarizes material events and AMT's financial position for the third quarter
of 2009.
EF's Englishtown, an innovative online learning technology, to train 80,000 Brazilians a year in the run up to soccer competition
Combined ECM and intelligent data capture technologies link data extraction and workflow automation
Group Positioned in the Sweet Spot of IT and Communications Spend
LONDON and JOHANNESBURG, November 18 - London and JSE-listed Dimension Data Holdings plc today announced its
results for the year to end-September 2009. The Group's robust performance
for the year to 30 September 2009 has resulted in improved returns and strong
growth in profitability.
Two Swedish enterprises, the Swedish Rail (SJ) and the digital media school Hyper Island have joined forces. SJ takes the next step to enhance digital communication by becoming a Hyper Island Learning Partner.
Preparing for Network Transformation Projects Throughout Asia Pacific
PARIS, November 18 - Alcatel-Lucent (Euronext Paris and NYSE: ALU) today announced
that it has been selected as one of the vendors by Singapore
Telecommunications Limited (SingTel) Group for its Long Term Evolution (LTE)
trial, which will begin in the first half of 2010. The trial will jump-start
deployment of 4G LTE networks for the SingTel Group, Asia's leading
telecommunications operator with a regional mobile-user base of more than 273
million.
EF's Englishtown, an innovative online learning technology, to train 80,000 Brazilians a year in the run up to soccer competition
New Gateway Between North Rhine-Westphalia and China
LEVERKUSEN, Germany and NANJING, China, November 18 - CHEMPARK, with its sites in Leverkusen, Dormagen and Krefeld-Uerdingen,
Germany, and Nanjing Chemical Industry Park (NCIP) in China entered into the
first worldwide partnership agreement between chemical parks on Wednesday,
November 18, 2009. The contract was signed during a visit to China by NRW
State Premier Jurgen Ruttgers. The signatories were Klaus Schafer, Chairman
of the Executive Board of CHEMPARK operator CURRENTA, and Xie Chongxiu, Vice
President of the NCIP Administrative Committee and Deputy Director of NCIP
GmbH. CHEMPARK accounts for around a third of the sales generated by the
chemical industry in the state of North Rhine-Westphalia. Over 45,000 people
are employed at its sites.
LEATHERHEAD, England, November 18 - Carrier Corp., a unit of United Technologies Corp. (NYSE: UTX), has
acquired the controls businesses of the i2S Group: DMS Controls, Ltd., ESL,
Ltd., and i2S Service, Ltd. Terms of the deal were not disclosed.
NEW DELHI, November 18 -
- Powered by IndiaMART.com, www.NDTVSME.com will Provide
Information, Transaction and Services to the Large SME Segment.
LONDON, November 18 - IBM (NYSE: IBM) today announced a three-year extension to an existing
10-year agreement to help DVLA transform the way in which it delivers
services to customers.
9-Month Report / Q3-Figures 2009
LONDON, November 18 - In the third quarter of 2009, the consolidated total revenue of Air
Berlin PLC decreased by 8.2 per cent to EUR 974.0 m due to planned capacity
reductions in connection with the efficiency program, as compared to EUR
1,061.4 m in the third quarter of the previous year. EBITDAR reached EUR
228.7 m in this reporting quarter as compared to EUR 209.0 m in the previous
year. EBIT increased by 33.5 per cent to EUR 118.0 m as compared to EUR 88.4
m in the prior year. The financial result has been affected by proceeds from
payments on a convertible bond amounting to approximately EUR 20 m.
Additionally, foreign exchange losses were lower than in 2008, so that the
financial result improved from EUR -15 m in 2008 to EUR 3.2 m. The Group
achieved a net profit in the third quarter 2009 of EUR 95.2 m compared to EUR
45.1 m in the third quarter of 2008. Last year's figures have been restated
in line with valuation changes under IFRIC 13 ("Customer Loyalty
Programmes").
The aim is to Create Together a European Leader in Large-Scale Computer Processing Solutions for Critical, High-Security Systems
OAK PARK, Michigan, November 18 - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES
ABU DHABI, UAE, November 17 - Al Khazna Insurance Company PSC (AKIC.ADX) is pleased to have released
its third quarter financial reports for 2009 together with condensed
consolidated interim financial information for the 9 months ended 30
September 2009. The financial statements were accompanied by a report from
Mohammed Jassim Al Jassim, Al Khazna's General Manager, which described the
results as very encouraging considering the volatile market conditions that
continued to impact global markets.
LONDON, November 17 - UK property group British Land reported interim profits down on last year
but with positive underlying trends in the second quarter.
LEIDEN, The Netherlands, November 17 - Top Institute Pharma (TI Pharma) has formed a
consortium with Actelion Pharmaceuticals Ltd, Erasmus Medical Centre and
Maastricht University to define new modalities for the treatment of
hypertension (high blood pressure) and associated vascular complications such
as heart and kidney failure, myocardial infarction and stroke. Based on novel
action mechanisms, new drugs may be discovered with the potential to prevent
vascular complications in patients with hypertension: an opportunity to
improve the quality of life for over a billion people worldwide. This
collaboration, involving 3.4 million euros, 9 new research positions, unique
materials and exchange of know-how, is scheduled to last 3 years.
LONDON, November 17 - Andy Harrison, CEO of easyJet, said the airline has posted a "good set of
results" as it delivered profits of GBP43.7m, in line with expectations.
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