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Philips Delivers Q4 Sales of EUR 6 Billion, with 3% Comparable Sales Growth; Income from Continuing Operations Amounted to EUR 550 Million and Adjusted EBITA Margin Increased to 17.9%

Philips Delivers Q4 Sales of EUR 6 Billion, with 3% Comparable Sales Growth; Income from Continuing Operations Amounted to EUR 550 Million and Adjusted EBITA Margin Increased to 17.9%

Amsterdam, the Netherlands, Jan. 28 (Korea Bizwire) -  Fourth-quarter highlights Sales amounted to EUR 6 billion, with 3% comparable sales growth Comparable order intake increased 3% Income from continuing operations was EUR 550 million, compared to EUR 723 million in Q4 2018 Adjusted EBITA margin improved by 50 basis points to 17.9% of sales, compared to [...]

Philips to Review Options for its Domestic Appliances Business

Philips to Review Options for its Domestic Appliances Business

Amsterdam, the Netherlands, Jan. 28 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced that it will review options for future ownership of its Domestic Appliances business. Philips will start the process of creating a separate legal structure for this business within the Philips Group, which is expected to [...]

Global Infrastructure Partners Announces the Election of Two New Partners

Global Infrastructure Partners Announces the Election of Two New Partners

New York, NY, Jan. 27 (Korea Bizwire) — Global Infrastructure Partners (“GIP”), a leading independent global infrastructure investor, today announced that Julie Ashworth and Philip Iley have been elected Partners of the Firm, effective January 1, 2020.  Julie Ashworth joined GIP in 2012 and has been a crucial contributor to the success of the Firm. [...]

Altus Group Report Reveals CRE Industry on Verge of Significant PropTech Consolidation as Technology Adoption Reaches Tipping Point

Altus Group Report Reveals CRE Industry on Verge of Significant PropTech Consolidation as Technology Adoption Reaches Tipping Point

TORONTO, Jan. 27 (Korea Bizwire) — Altus Group Limited (“Altus Group”) (TSX: AIF), a leading provider of software, data solutions and independent advisory services to the global commercial real estate (“CRE”) industry, today released its latest annual Altus Group CRE Innovation Report that provides an outlook on technology trends and highlights the current digital transformation impacting the [...]

Helsinn Group Grants Exclusive Licensing Rights to Berlin-Chemie AG, a Company of the Menarini Group, for ONICIT®/ALOXI® and AKYNZEO® in Russia and CIS Region

Helsinn Group Grants Exclusive Licensing Rights to Berlin-Chemie AG, a Company of the Menarini Group, for ONICIT®/ALOXI® and AKYNZEO® in Russia and CIS Region

Lugano, Switzerland and Berlin, Germany, Jan. 27 (Korea Bizwire) - Helsinn Group (“Helsinn”), a Swiss pharmaceutical group focused on building quality cancer care products, has granted exclusive licensing rights to commercialize AKYNZEO® and ONICIT® (ALOXI®) in Russia and the CIS region for the prevention of chemotherapy-induced nausea and vomiting (CINV) to Berlin-Chemie AG (“Berlin-Chemie”), the German-based affiliate of [...]

Khondrion Announces First Patients Dosed in Phase IIb Study of Sonlicromanol for Mitochondrial Diseases

Khondrion Announces First Patients Dosed in Phase IIb Study of Sonlicromanol for Mitochondrial Diseases

NIJMEGEN, the Netherlands, Jan. 27 (Korea Bizwire) – Khondrion, a clinical-stage pharmaceutical company discovering and developing therapies targeting mitochondrial disease, today announces that the first patients have been successfully dosed in its phase IIb KHENERGYZE study of Sonlicromanol (previously known as KH176), its wholly-owned lead asset in development to treat a range of mitochondrial diseases. [...]

WillScot Announces Redemption of Certain Warrants

WillScot Announces Redemption of Certain Warrants

BALTIMORE, Jan. 24 (Korea Bizwire) — WillScot Corporation (“WillScot” or the “Company”) (Nasdaq: WSC), the specialty rental services market leader providing innovative modular space and portable storage solutions across North America, today announced that the Company will redeem all of its outstanding warrants (the “Public Warrants”) to purchase shares of the Company’s Class A common [...]

Bristow and Era to Merge, Forming a Larger, More Diverse and Financially Stronger Global Industry Leader

Bristow and Era to Merge, Forming a Larger, More Diverse and Financially Stronger Global Industry Leader

HOUSTON, Jan. 24 (Korea Bizwire) — Bristow Group Inc. (“Bristow”) and Era Group Inc. (NYSE:ERA) (“Era”) announced today that they entered into a definitive agreement to combine the two companies in an all-stock transaction, creating a financially stronger company with enhanced size and diversification. The combined company, which will be named Bristow, will strengthen its [...]

HIMSS-Elsevier European Digital Healthcare Award Call for Submissions Open

HIMSS-Elsevier European Digital Healthcare Award Call for Submissions Open

BERLIN, Germany, Jan. 24 (Korea Bizwire) — The Healthcare Information and Management Systems Society (HIMSS) and Elsevier, the global information analytics business specializing in science and health, are proud to announce the call for submissions for the Annual HIMSS-Elsevier Digital Healthcare Award 2020, European edition. Established in 2013, the global HIMSS-Elsevier Digital Healthcare Award has recognized 218 submissions across [...]