New Services Champion Publisher Success; Glam Publishers Gain Licensed Access to Photos From Splash News
Metso has sold Metso Foundries Karlstad ABs shares to a financial investor group which Primaca Group Oy represents. Metso will continue as a minority owner with a 16.7% share in Heavycast AB – a new company to which the Primaca Group will transfer the acquired shares. The value of the transaction is about EUR 15 million and Metso will book a small tax-free capital gain from the sale.
An Intense Focus on Digital Media and a Shift to Agency Business Model Prompt a Re-Organization and a New C-Level Position
Quebecor World Inc. (TSX: IQW) has won the most Gold Ink Awards for quality printing in a prestigious annual competition. The company won 35 awards – more than any other printer – in the 21st Annual printing competition sponsored by Printing Impressions and Publishing Executive magazines. The awards are judged by an independent panel of print production professionals who rate entries along stringent quality criteria. Quebecor World won awards in magazine, book, directory and catalog categories.
The Dow Chemical Company (NYSE: DOW) today announced that it has received a request for additional information, commonly referred to as a “Second Request,” from the U.S. Federal Trade Commission (“FTC”) regarding Dow’s proposed acquisition of Rohm and Haas, which was announced on July 10, 2008.
The Dow Chemical Company and The Dow Chemical Company Foundation have jointly announced a $1 million gift to the College of Chemistry at the University of California, Berkeley. The gift, which will be matched by $1 million from the William and Flora Hewlett Foundation under the terms of a challenge grant provided to Berkeley in 2007, will be used to establish the Dow Chair in Sustainable Chemistry.
Increasingly, consumers are taking a proactive role in how they manage and conserve energy. A new IBM (NYSE: IBM) podcast, “IBM and the Future of Energy,” looks at how consumers are driving change in the energy industry — from the cars we drive to a growing demand for alternative energy sources and smart meters.
