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Main » 2014 » June » 30

MCLEAN, Va. - Saturday, June 28th 2014 [ME NewsWire]

(BUSINESS WIRE)-- Hilton Worldwide Holdings Inc. (“Hilton Worldwide” or the “Company”) announced today the completion of a secondary offering of 103,500,000 shares of Hilton Worldwide common stock by certain selling stockholders affiliated with The Blackstone Group L.P. at a price to the public of $22.50 per share, including 13,500,000 shares sold in connection with the full exercise of the option to purchase additional shares granted to the underwriters, resulting in gross proceeds of over $2.3 billion.

Hilton Worldwide did not offer any shares of common stock in the offering and will not receive any proceeds from the sale of shares in this offering. In addition, none of Hilton Worldwide’s officers or directors sold any shares of common stock beneficially owned by them in the offering.

Deutsche Bank Securities, BofA Merrill Lynch and Morgan Stanley served as representatives of ... Read more »

Views: 95 | Added by: uaeonlinenews | Date: 06.30.2014

CUIABA, Brazil - Saturday, June 28th 2014 [ME NewsWire]

(BUSINESS WIRE)-- Panasonic do Brasil (PANABRAS) has provided Arena Pantanal Stadium, one of the stadiums to be used in the 2014 FIFA World Cup Brazil, with Panasonic's wide variety of AV and security solutions.

The Arena Pantanal, in Cuiaba - Mato Grosso, is the venue for many of the matches to be played during the football event. The stadium's capacity is about 41,000 people and it has the flexible structure, in order to adapt it to future needs and multiple events, even after the event. Its nickname is 'O Verdão' (The Big Green), after the sustainable approach used for the construction and the maintenance.

Panasonic's solutions include two 77.4 square meter large LED screens, security systems (330 cameras, 6 recorders, server and display monitors), three IP PBX main units and 60 IP phones, IT systems and 250 screens of full IP digital signage systems with the cooperation of its str ... Read more »

Views: 58 | Added by: africa-live | Date: 06.30.2014

Internal appointments show strong leadership within Bacardi

HAMILTON, Bermuda. - Saturday, June 28th 2014 [ME NewsWire]

(BUSINESS WIRE) Bacardi Limited, the largest privately held spirits company in the world, today announces the internal appointments of two new regional presidents. Effective immediately, Jon Grey, 52, assumes responsibility for leading all commercial operations in the Asia Pacific (APAC) region, while Mahesh Madhavan, 51, leads the commercial operations for the Middle East & Africa (MEA) region for the Company’s portfolio of premium spirits.

“These internal appointments showcase the seasoned leadership currently within Bacardi and further demonstrate the Company’s ability to nurture and grow talented leaders,” said Michael J. Dolan, Interim CEO of family-owned Bacardi Limited. “These two emerging businesses are critical to the continued growth of Bacardi. I have full confidence in the ability and expertise o ... Read more »

Views: 66 | Added by: uaeonlinenews | Date: 06.30.2014