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Main » 2017 » October » 05

Closing of Previously Announced Transition of AB InBev’s 54.5% Equity Stake to The Coca-Cola Company Follows Regulatory Approvals; The Coca-Cola Company Will Continue to Work Toward Refranchising CCBA, The Largest Coca-Cola Bottler in Africa


ATLANTA & BRUSSELS -Thursday, October 5th 2017 [ AETOS Wire ]

(BUSINESS WIRE)-- The Coca-Cola Company (NYSE: KO) and Anheuser-Busch InBev (AB InBev) (Euronext: ABI) (NYSE: BUD) (MEXBOL: ANB) (JSE: ANH) announced today that they have completed the transition of AB InBev’s majority interest in Coca-Cola Beverages Africa (CCBA).

CCBA, the largest Coca-Cola bottler in Africa, was formed in 2016 through the combination of African non-alcoholic ready-to-drink bottling interests of SABMiller plc, The Coca-Cola Company and Gutsche Family Investments. AB InBev later acquired SABMiller and reached an agreement to transition AB InBev’s 54.5% equity stake in CCBA to Coca-Cola.

The transition, whic ... Read more »

Views: 65 | Added by: uaeonlinenews | Date: 10.05.2017 | Comments (0)

 Curio Collection Studies What Drives Curiosity and Debuts Shareable Online Quiz


MCLEAN, Va. -Thursday, October 5th 2017 [ AETOS Wire ]

(BUSINESS WIRE)-- Are you born curious? This fall, Curio Collection by Hilton™ – one of Hilton’s (NYSE: HLT) 14 market-leading brands – is helping travelers find out by digging into their love of exploration. Through consumer research, the brand discovered that people are seeking unique experiences as an integral aspect of their travel. With that insight, and with curiosity at the core of the brand name, Curio Collection turned to science to sponsor the DNA testing of approximately 30 avid travelers who love sharing their journeys with their social media followers. The goal was to determine if they have the DRD4-7R gene, better known as the “wanderlust gene,” in an effort to understand our innate desire to travel. Today, the collection brand launches an “Are You Curious?” so ... Read more »

Views: 85 | Added by: uaeonlinenews | Date: 10.05.2017 | Comments (0)

Caratube International Oil Company LLP and Mr. Devincci Salah Hourani (ICSID n°ARB/13/13) – AWARD

 

PARIS -Wednesday, October 4th 2017 [ AETOS Wire ]

(BUSINESS WIRE)-- The following is a statement from Derains & Gharavi, Caratube and Mr. Hourani’s legal representatives:

"On September 27, 2017, an ICSID Arbitral Tribunal, under auspices of the World Bank, composed of President Prof. Laurent Levy, Prof. Laurent Aynés and Prof. Jacques Salès, rendered the first Award ruling on the merits the Hourani family (including Messrs. Devincci Hourani, Issam Hourani (Khorani) and Kassem Omar)’s numerous claims against Kazakhstan, in favour of Caratube International Oil Company LLP (“Caratube”) finding Kazakhstan liable under Kazakh and international law for unlawful expropriation and ordered it to pay Caratube USD 39.2 million in damages, plus USD 1,207,757.44, and well over 10 million USD in interest ("ICSID Aw ... Read more »

Views: 57 | Added by: uaeonlinenews | Date: 10.05.2017 | Comments (0)

ISACA study examines how well boardrooms are safeguarding digital assets

 

ROLLING MEADOWS, Ill-Tuesday, October 3rd 2017 [ AETOS Wire ]

(BUSINESS WIRE) -- More than 90 percent of senior business leaders agree that strong technology governance contributes to improved business outcomes and increased agility, according to ISACA’s latest research, “Better Tech Governance Is Better for Business.” Despite recognizing the link between governance and outcomes, a governance gap still exists, with 69 percent reporting that their leadership and board of director teams need to establish a clearer link between business and IT goals.

The global findings were released today at CSX North America in Washington DC. The data delves into corporate governance of all things digital, increased responsibilities and funding priorities, and whether boards are doing all they can to plan, train, fund and safeguard their organization’s digital assets ... Read more »

Views: 50 | Added by: uaeonlinenews | Date: 10.05.2017

CHICAGO -Wednesday, October 4th 2017 [ AETOS Wire ]

(BUSINESS WIRE)-- Chicago based Treasury Management System (TMS) vendor GTreasury and Sydney based risk and treasury management vendor Visual Risk have joined forces in a strategic alliance to work on the integration of their leading cash and risk management treasury systems. The deal will also see Visual Risk improve its reach in the U.S. and help GTreasury to access Australia and South East Asia. They will go to market jointly in the United Kingdom, Europe, and North America.

Paul Nailand and Richard Hughes, Cofounders of Visual Risk said: “Our partnership with GTreasury is based on our strong shared vision for corporate treasury, tight fit of risk and cash products and highly complementary geographical footprint. The integration of our products creates a ground-breaking TMS that is formed from the very best cash, payment, and risk solutions available.”

Orazio Manzi-Fe Pater, Founder of GTreasu ... Read more »

Views: 59 | Added by: uaeonlinenews | Date: 10.05.2017 | Comments (0)

SAN FRANCISCO-Wednesday, October 4th 2017 [ AETOS Wire ]

(BUSINESS WIRE) -- Andersen Global is pleased to announce a new presence in Africa through a collaboration with Nexus Business Advisory Limited (Nexus), a tax, legal and business advisory firm based in Nairobi, Kenya. The establishment of a Collaboration Agreement with Nexus launches Andersen Global’s practice in East Africa and is the next step in expanding the organization’s platform in Africa, which currently also includes Nigerian member firm, Andersen Tax LP.

Nexus was founded in 2013 and the team is led by Founder and Managing Partner, Philip Muema. The firm is comprised of experts in tax and legal issues who have an excellent track record in tax matters gained cumulatively over 40 years. Nexus will continue to provide tax and business solutions to individuals and corporations operating in East Africa and abroad, including services related to mergers & acquisitions, due diligence reviews, ... Read more »

Views: 59 | Added by: uaeonlinenews | Date: 10.05.2017 | Comments (0)

Dubai, United Arab Emirates -Wednesday, October 4th 2017 [ AETOS Wire ]

Taiwan External Trade Development Council (TAITRA) has always been instrumental in promoting foreign trade. In its mission for a greener future, TAITRA, recently held a Smart Energy Seminar in the city, where Mr.  Suo-Hang Chuang, Vice Chairman, TAITRA, led a delegation of 4 established Taiwanese Suppliers to the UAE who have made considerable progress in the field of energy efficient solutions, giving UAE domestic companies an opportunity to discuss trade and investment cooperation with their Taiwanese Counterparts. At the same time, the seminar also helped the Taiwanese firms get the exposure they need to take their Smart Energy Products internationally.

Working towards a more energy-efficient future, the Taiwanese delegates consisted of Dr. Shuo-Yen Chou and Mr. Steven Young, distinguished professors from the National Taiwan University of Science and Technology, Mr. Jason Lin, Assistant V ... Read more »

Views: 61 | Added by: uaeonlinenews | Date: 10.05.2017 | Comments (0)