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Astorg becomes shareholder in ARMOR-IIMAK

Astorg becomes shareholder in ARMOR-IIMAK

Wednesday, May 4 marks the official entry of the European private equity company Astorg into the capital of ARMOR-IIMAK, an ARMOR group company, as minority shareholder (40%). Following ARMOR’s merger with its US competitor IIMAK, giving birth to ARMOR-IIMAK...
HP Inc. to acquire Poly

HP Inc. to acquire Poly

HP Inc. announced a definitive agreement to acquire Poly, a global provider of workplace collaboration solutions, in an all-cash transaction for $40 (€36) per share, implying a total enterprise value of $3.3 billion (€2.99 billion), inclusive of Poly’s net debt. HP...
Toshiba provides update on reorganisation

Toshiba provides update on reorganisation

The company’s refined plan includes a tax-free spin-off of Device Co., resulting in two distinct companies with what Toshiba calls “agile management and leaner cost structures”. Toshiba Corporation, as part of its Toshiba IR Day, provided an update on its 12 November...