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NATEL and OnCore Manufacturing Announce Merger Agreement

2015-04-02 12:31:08| Industrial Newsroom - All News for Today

Combination Creates One of the Premier EMS Companies in the Mid-Tier Space CHATSWORTH, Calif. and FREMONT, Calif.  NATEL Engineering Company, Inc. (NATEL) and OnCore Manufacturing, LLC (OnCore), both global suppliers of electronic manufacturing services (EMS), announced today that an agreement has been signed to...

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Brazil's Richest Man May Reap $5.6 Billion in Kraft-Heinz Merger

2015-04-02 07:22:12| Food - Topix.net

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. While Kraft has a stable of household brands, the company has struggled to reignite sales growth in a mature market.

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Ziggo, UPC to cut 450 jobs after merger

2015-04-01 09:26:00| Telecompaper Headlines

(Telecompaper) Dutch cable operator Ziggo announced that 450 jobs will be scrapped as a result of its merger with UPC Netherlands. Several hundred temporary and external contracts also will not be renewed, and the company is closing offices in Heerhugowaard, Rijswijk and Nijmegen. As earlier announced, the head office will remain in Utrecht. The restructuring plans cover the period 2015-2018 and come as UPC prepares to adopt the Ziggo brand in April. The operators presented the proposals to their works councils for approval. A social plan will offer affected employees assistance in finding new work, both internally and externally. The job cuts will affect areas such as product development, innovation and infrastructure as well as several layers of management. Ziggo said the aim is to work better and more efficiently under the new structure, with a strong focus on customer service. 

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Lafarge-Holcim Merger Imperiled as Major Shareholders Reject Deal

2015-03-31 18:18:30| ENR.com: Headline News

A $44 billion merger between French-based Lafarge and Swiss-based Holcim to create the world's largest cement manufacturer received a shock on March 29 as Holcim's second-largest shareholder objected to the terms of the deal.

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After Cypress merger, layoffs coming at Austin semiconductor factory

2015-03-31 16:37:02| Semiconductors - Topix.net

Cypress Semiconductor Corp. will lay off workers at an Austin flash-memory factory owned by California-based Spansion Inc, reports the Austin American-Statesman. The layoffs in Austin - which, according to Cypress' CEO, would be in the "low double digits" - would be a small part of larger job cuts at the newly combined companies.

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