Everen Group Announces Appointment of Robert Foskey as President and CEO
The Everen Group, a group of leading energy insurance companies, announced the appointment of Robert Foskey as its new President and Chief Executive Officer, effective August 5, 2024. Mr. Foskey brings extensive experience and a strong track record at the Everen Group and will lead the company into its next phase of growth and innovation. […]
ProAssurance Elects Richard J. Bielen, C.P.A., and Staci M. Pierce, J.D., to its Board
ProAssurance Corporation (NYSE: PRA) on 23rd May announced that at its Annual Meeting of Shareholders held on May 22, shareholders elected new directors Richard J. Bielen, C.P.A., and Staci M. Pierce, J.D., and re-elected directors Bruce D. Angiolillo, J.D. (chairman), and Samuel A. Di Piazza, Jr., C.P.A., to serve three-year terms expiring at the company’s 2027 […]
Blend Labs Partners with Haveli Investments securing USD 150Mln investment
Blend Labs, Inc., a leading provider of cloud banking services,and Haveli Investments (“Haveli”), a technology-focused private equity firm, today announced a $150 million investment in the Company by Haveli Investments in the form of convertible preferred stock with a zero percent coupon. Blend will use approximately $145 million of the proceeds to repay all amounts […]
4P-Pharma secures a total capital of EUR 15Mln in second closing
4P-Pharma, a Lille-based clinical-stage startup studio focused on developing curative therapies for untreated serious diseases, announces that it has successfully secured a total capital of €15 million in its second closing with participation from private investors. With this funding, 4P-Pharma’s shareholders renew their confidence in the company’s drug regeneration model for untreated serious diseases. They […]
GHD welcomes Jim Giannopoulos as new global CEO
Global professional services company, GHD, has appointed Jim Giannopoulos as Chief Executive Officer, succeeding Ashley Wright and effective 2 April 2024. The planned transition process, announced to shareholders and employees in December, continues the employee-owned company’s history of succession from within its operations. Giannopoulos was most recently CEO – Americas, having led the Canadian and […]
Aramco Digital and LTIMindtree sign a shareholders’ agreement
Aramco Digital, the digital and technology subsidiary of Aramco, and LTIMindtree, a global technology consulting and digital solutions company, have signed a shareholders’ agreement to create an IT services company in the Kingdom of Saudi Arabia. The prospective company would showcase innovation in action, including disruptive digital services, and transformative industry 4.0 systems integration capabilities. […]
Capital One to acquire Discover Financial Services
Capital One Financial Corporation and Discover Financial Services recently announced that they have entered into a definitive agreement under which Capital One will acquire Discover in an all-stock transaction valued at $35.3 billion. The transaction brings together two companies with long-standing track records of delivering attractive and resilient financial results, award-winning customer experiences, breakthrough innovation, and […]
SK Capital announces the completion of strategic investment in Ecopol
Ecopol S.p.A. (“Ecopol” or the “Company”), a leading developer and producer of innovative biodegradable films and delivery systems, announced today the completion of a strategic investment from affiliates of SK Capital Partners, LP (“SK Capital”), a leading private investment firm focused on the specialty materials, ingredients, and life sciences sectors. SK Capital has acquired a […]
Travelshift raises USD 10 Million capital from existing shareholders
Travelshift, the leading online travel agency (OTA) in Iceland has raised $10 million USD of capital from existing shareholders, raising the total funding amount to $30 million USD. The financing represents a vote of confidence from Travelshift’s current investors in the company’s growth trajectory and future potential. According to Harshal Chaudhari, President, and Chief Investment […]
MC Bancshares Inc. acquires Heritage NOLA Bancorp Inc.
MC Bancshares, Inc., the holding company for M C Bank & Trust Company, a Louisiana-chartered bank headquartered in Morgan City, Louisiana, and Heritage NOLA Bancorp, Inc., the holding company of Heritage Bank of St. Tammany, a federally chartered savings bank headquartered in Covington, Louisiana, have jointly announced today that they have entered into a definitive merger agreement in which MC […]
