All Corporate articles – Page 30

  • News briefs

    Shamir Optical has announced the acquisition of a minority of...

    2016-08-10T00:00:00Z

    Shamir Optical has announced the acquisition of a minority of Lenstec shares in the U.K. On the terms of the deal, whose amount has not been disclosed, Shamir will integrate its U.K.-based service network with Lenstec prescription laboratories nationwide. Lenstec will have access to the full portfolio of Shamir products ...

  • News briefs

    Nicox has announced an agreement with GHO Capital, a London-based...

    2016-08-10T00:00:00Z

    Nicox has announced an agreement with GHO Capital, a London-based specialist investor in health care, to transfer its commercial operations to a new private company focusing on the commercialization of ophthalmic products in Europe. Under the terms of the transaction, which awaits completion, Nicox will assign rights to its European ...

  • News briefs

    Nicox has announced an agreement with GHO Capital, a London-based...

    2016-08-10T00:00:00Z

    Nicox has announced an agreement with GHO Capital, a London-based specialist investor in health care, to transfer its commercial operations to a new private company focusing on the commercialization of ophthalmic products in Europe. Under the terms of the transaction, which awaits completion, Nicox will assign rights to its European ...

  • News briefs

    Allrgan has obtained state approval for tax credits of up...

    2016-08-10T00:00:00Z

    Allrgan has obtained state approval for tax credits of up to $58 million in connection with plans to consolidate four locations into a single head office for its U.S. operations by the end of 2017 in Madison, New Jersey. The company has reported a decline in adjusted operating earnings (Ebitda) ...

  • News briefs

    Allrgan has obtained state approval for tax credits of up...

    2016-08-10T00:00:00Z

    Allrgan has obtained state approval for tax credits of up to $58 million in connection with plans to consolidate four locations into a single head office for its U.S. operations by the end of 2017 in Madison, New Jersey. The company has reported a decline in adjusted operating earnings (Ebitda) ...

  • News briefs

    Spy says it has obtained a cleaner balance sheet by...

    2016-08-10T00:00:00Z

    Spy says it has obtained a cleaner balance sheet by converting about $22.8 million worth of convertible and other debts to a new series of preferred shares that can be converted into common stock. The move lowered the American company's debt from $30.3 million at the end of 2015 to ...

  • News briefs

    Spy says it has obtained a cleaner balance sheet by...

    2016-08-10T00:00:00Z

    Spy says it has obtained a cleaner balance sheet by converting about $22.8 million worth of convertible and other debts to a new series of preferred shares that can be converted into common stock. The move lowered the American company's debt from $30.3 million at the end of 2015 to ...

  • News briefs

    Lapo Elkann, who recently became majority shareholder of Italia Independent,...

    2016-08-10T00:00:00Z

    Lapo Elkann, who recently became majority shareholder of Italia Independent, has been given board approval for an injection of €9.3 million into the company in various stages between July 7 and Sept. 30. Part of this amount will be an interest-free shareholder loan. Another part will be set aside for ...

  • News briefs

    Lapo Elkann, who recently became majority shareholder of Italia Independent,...

    2016-08-10T00:00:00Z

    Lapo Elkann, who recently became majority shareholder of Italia Independent, has been given board approval for an injection of €9.3 million into the company in various stages between July 7 and Sept. 30. Part of this amount will be an interest-free shareholder loan. Another part will be set aside for ...

  • Short stops

    Pramaor, the fast-growing parent company of Blackfin, has inaugurated its...

    2016-08-10T00:00:00Z

    Pramaor, the fast-growing parent company of Blackfin, has inaugurated its new head office at Taibon Agordino, in the province of Belluno.

  • Short stops

    Pramaor, the fast-growing parent company of Blackfin, has inaugurated its...

    2016-08-10T00:00:00Z

    Pramaor, the fast-growing parent company of Blackfin, has inaugurated its new head office at Taibon Agordino, in the province of Belluno.

  • News briefs

    For De Rigo, the loss of the Givenchy and Zegna...

    2016-08-10T00:00:00Z

    For De Rigo, the loss of the Givenchy and Zegna brands was originally supposed to result in the dismissal of 108 employees. But after negotiations, at least 59 of them have opted to take resign voluntarily. B2eyes Today reports that the unions are satisfied with the solution, though for the ...

  • News briefs

    For De Rigo, the loss of the Givenchy and Zegna...

    2016-08-10T00:00:00Z

    For De Rigo, the loss of the Givenchy and Zegna brands was originally supposed to result in the dismissal of 108 employees. But after negotiations, at least 59 of them have opted to take resign voluntarily. B2eyes Today reports that the unions are satisfied with the solution, though for the ...

  • News briefs

    Rodenstock has decided to set up an independent organizational unit...

    2016-08-10T00:00:00Z

    Rodenstock has decided to set up an independent organizational unit for its eyewear division, which represents only about 20 percent of its revenues, separating it from its much bigger lens division. The goal is to react to the market faster and more flexibly, says the company, stressing that it continues ...

  • News briefs

    Valeant Pharmaceuticals has decided to restructure its operations into three...

    2016-08-10T00:00:00Z

    Valeant Pharmaceuticals has decided to restructure its operations into three segments. Bausch & Lomb and most of the group's international operations will belong to the durable growth segment, which will represent about half of Valeant's total turnover. The group is also considering the disposal of some core and non-core activities ...

  • News briefs

    Rodenstock has decided to set up an independent organizational unit...

    2016-08-10T00:00:00Z

    Rodenstock has decided to set up an independent organizational unit for its eyewear division, which represents only about 20 percent of its revenues, separating it from its much bigger lens division. The goal is to react to the market faster and more flexibly, says the company, stressing that it continues ...

  • News briefs

    Valeant Pharmaceuticals has decided to restructure its operations into three...

    2016-08-10T00:00:00Z

    Valeant Pharmaceuticals has decided to restructure its operations into three segments. Bausch & Lomb and most of the group's international operations will belong to the durable growth segment, which will represent about half of Valeant's total turnover. The group is also considering the disposal of some core and non-core activities ...

  • News briefs

    Luxottica is offering a gross bonus of 1,892 euros this...

    2016-07-04T00:00:00Z

    Luxottica is offering a gross bonus of 1,892 euros this year to its staff, up from the €1,600 paid in 2015. The company will pay up to 500 euros more to employees that have not been absent during the year. Luxottica has a tradition of being generous to its staff. ...

  • News briefs

    We have learned belatedly about the acquisition made last year...

    2016-07-04T00:00:00Z

    We have learned belatedly about the acquisition made last year by Vision Ease of Daemyung Optical, described as the second-largest optical lens manufacturer in South Korea. It has a plant in Korea and one in China. Its product range is complementary to that of the American company, as it includes ...

  • News briefs

    Satisloh North America headquarters in Germantown, Wisconsin, has once again...

    2016-07-04T00:00:00Z

    Satisloh North America headquarters in Germantown, Wisconsin, has once again expanded, with a 13,000-square-foot addition to its warehouse and the relocation of its training Academy into a 6,000-square-foot space left empty by a previous tenant. Satisloh North America has already expanded six times during its 23 years in Germantown. The ...