JERUSALEM. - Tuesday, April 28th 2015 [ME NewsWire]

Provides Significant Premium and Immediate Value for Mylan Stockholders and Opportunity to Participate in Upside Potential of Combined Company

Combination More Attractive for Mylan Stockholders Than Any Other Alternative

(BUSINESS WIRE) Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) today reiterated its commitment to its proposed combination with Mylan N.V. (NASDAQ: MYL). As previously announced on April 21, 2015, Teva has proposed to acquire Mylan for $82.00 per share, with the consideration to be comprised of approximately 50 percent cash and 50 percent stock. Teva’s proposal for Mylan implies a total equity value of approximately $43 billion.

Erez Vigodman, President and CEO of Teva, commented, “While we are disappointed that Mylan has formally rejected our proposal, the Teva Board and management team are fully committed to completing the combination of Teva and Mylan, and w ... Read more »

 - Achieved Mid-term Plan Target of 5% Operating Profit Ratio -

OSAKA, Japan - Tuesday, April 28th 2015 [ME NewsWire]

(BUSINESS WIRE)  Panasonic Corporation (Panasonic [TOKYO:6752]) today reported its consolidated financial results for the year ended March 31, 2015 (fiscal 2015).

Consolidated Results

Consolidated group sales for fiscal 2015 were 7,715.0 billion yen, at the same level as 7,736.5 billion yen in the year ended March 31, 2014 (fiscal 2014). In Japan, although sales in housing-related and consumer electronics businesses decreased due mainly to weakening demand after the consumption tax hike in April 2014, sales of residential solar photovoltaic systems were strong. Overseas sales increased due mainly to strong sales in automotive-related business along with robust demand, and a positive effect from yen depreciation.

During fiscal 2015 under review, the global economy moderately recovered despite slowdown in China, some AS ... Read more »

Apart from booking holidays, hotels and activities at www.holidayme.com, you can now compare and book flights individually or add them to your holiday package at competitive prices.

Dubai, United Arab Emirates - Sunday, April 26th 2015 [ME NewsWire]

HolidayMe, the Dubai-based travel start-up, which has made waves in the online travel sphere in the Middle East, has launched flight search services; adding to its growing repertoire of product portfolio earlier this week. Within a few months of its launch in November, 2014 in the region; the company is already among the leading online travel aggregators in the region.

Digvijay Pratap, Managing Director and Co-Founder of HolidayMe said, “This new product launch will enable HolidayMe to become a one-stop shop for all the travel needs of a customer. A customer can now book his complete customised holiday with his choice of flights, hotels, activities and transfers. This is a very important and noteworthy addit ... Read more »

Abu Dhabi, United Arab Emirates - Tuesday, April 28th 2015 [ME NewsWire]

New York City Police Commissioner William J. Bratton praised the advanced level attained by the police and security work at Abu Dhabi Police General Headquarters, which, he said, ‘has become one of the best police institutions in the world’. Commissioner Bratton also expressed his admiration of the methods used to implement modern technologies within the policing systems at the Abu Dhabi Police’s various departments.

These remarks were made by New York City Police Commissioner William J. Bratton towards the conclusion of his visit to Abu Dhabi Police General Headquarters. Commissioner Braxton’s accompanying delegation also included John J. Miller, deputy commissioner of Intelligence and Counterterrorism of the New York City Police Department.

During the visit, the delegation was briefed on the achievements made by the Criminal Investigation Department at Abu Dhabi ... Read more »

With the Directives of Khalifa and the Orders of Mohammed bin Zayed

Abu Dhabi, United Arab Emirates - Saturday, April 25th 2015 [ME NewsWire]

With the directives of His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE and the orders of General HH Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, the Ministry of Interior’s search and rescue team leaves tomorrow to Nepal to help with the international relief operation after the earthquake which caused hundreds of casualties.

Lt. Colonel Mohammed Abdul Jalil Al Ansari, Head of the UAE Search and Rescue Team, Director General of Civil Defense in Abu Dhabi pointed that Lt. General HH Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior gave orders to mobilize right away and fulfill the orders of the higher leadership to relief the people of Nepal, with an Emirati team of 88 professionals, including ... Read more »

AMSTERDAM - Tuesday, April 28th 2015 [ME NewsWire]

(BUSINESS WIRE)-- Regulatory News:

Pershing Square Holdings, Ltd. (ticker: PSH:NA) will present an update to investors at its annual European investor meeting in London today. The update is available at http://pershingsquareholdings.com/media/2014/09/2015-European-Investor-Meeting-Presentation.pdf.

About Pershing Square Holdings, Ltd.

Pershing Square Holdings, Ltd. (PSH:NA) is an investment holding company structured as a closed end fund that makes concentrated investments principally in North American companies.

Contacts

MEDIA CONTACT

StockWell Communications

Tim Burt, +44 (0)20 7240 2486

Tim.Burt@stockwellgroup.com

 

 

 

 

Permalink: http://www.me-newswire.net/news/14426/en

Dubai Internet City named official partner for the initiative

Dubai, United Arab Emirates - Sunday, April 26th 2015 [ME NewsWire]

Dubai, Barcelona, Helsinki and Ghent are the four cities currently confirmed to participate in the global Smart City App Hack competition. The cities will join forces to create a network of citizens who will collaborate to develop mobile apps designed to help to design and build the Smart Cities of the 21st Century.

Dubai Internet City (DIC), the MENA region’s largest ICT free zone, is the official partner for Dubai’s Smart City App Hack project, which will connect the emirate’s local app and tech ecosystem with developers from around the world. The end objective is to create products and applications that will help improve the lives of citizens.

This follows a series of events and initiatives headlined by Dubai Internet City this year, including Decode Dubai, DIC’s first hackathon, and Drones for Go ... Read more »

Through the Implementation of a Comprehensive Safety and Awareness Plan

ABU DHABI, United Arab Emirates - Sunday, April 26th 2015 [ME NewsWire]

According to Brigadier Eng. Hussein Ahmed Al Harithi, Director General of Central Operations at Abu Dhabi Police, the number of recorded traffic-related deaths, severe injuries, and accidents have decreased during the first quarter of 2015. During the same period of the previous year, the number of traffic-related deaths has dropped by 16 percent, down from 64 deaths to 54; severe injuries dropped by 47 percent, down from 72 to 38 injuries; and traffic accidents have dropped a total of 11 percent.

Brigadier Eng. Al Harithi said: “The declining numbers are a direct result of the directorate’s continuous efforts in implementing its comprehensive plans in regards to traffic safety and in intensifying its outreach programs to increase awareness. The directorate has applied an integrated speed management strate ... Read more »

OSAKA, Japan. - Tuesday, April 28th 2015 [ME NewsWire]

(BUSINESS WIRE)-- Panasonic Corporation (TOKYO: 6752) today announced its support for people affected by the magnitude 7.8 earthquake that struck Nepal on April 25. Panasonic Corporation and Panasonic group companies in India have committed monetary and in-kind donations worth 6.1 million yen to help the people and recovery of the affected area.

Panasonic will donate 5 million yen through the NGO Japan Platform. Panasonic group companies in India will provide about 1.1 million yen worth relief supplies including 250 units of solar lanterns, 10,000 pieces of dry cell batteries and 1,000 units of flash lights.

Panasonic and its employees express deep condolences for victims of the earthquake and sincerely hope for swift recovery of the people and areas affected by the disaster.

About Panasonic

Panasonic Corporation is a worldwide leader in the development and engineering of electronic techno ... Read more »